322 N 6th Street, Griffin, Georgia

Description

Turnkey Griffin rental: 2BR/1BA cottage, new roof, central HVAC, LVP floors, covered front porch. Long-term tenant in place at $875/mo with room to raise. Income from day one. Asking $89,500. Cash-flowing from the day you close. This 1950 cottage on a quiet, corner lot near downtown Griffin is a rare find in the under-$100K market: a rental that's already in good condition with a stable, long-term tenant who takes real care of the place. Roof is new (architectural shingles, 2023), central heat and air, LVP flooring through the main living areas, and a bright white kitchen with an electric range and double sink. Original beadboard ceilings and a full-width covered front porch give it the character buyers love in Griffin's older neighborhoods; a covered side porch, rear steps, and a storage shed round out the exterior. 2 bedrooms, 1 bath, 960 sq ft, public water and sewer, natural gas available. Currently leased at $875/month - about 20% below area rents for a 2-bedroom house per current rent surveys, leaving room to grow the return at renewal. 2025 taxes under $900.

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