$424,900
For Sale

12621 Veterans Memorial Highway

Douglasville, GA 30134
Browse 43 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Seize the chance to own a high-performing, income-generating duplex in the heart of Douglasville! This property features two expansive units, each offering 4 large bedrooms and 2 full bathrooms, for a combined total of 8 bedrooms and 4 bathrooms. With generous living spaces, high ceilings, well-appointed kitchens, and dedicated laundry rooms, this duplex delivers both comfort and functionality.
Ideally located within walking distance of Downtown Douglasville, the property provides easy access to shopping, dining, and year-round entertainment at the newly developed atrium. This prime location makes it highly attractive to both tenants and owner-occupants.
Both units are currently occupied by housing choice tenants, producing a guaranteed government-subsidized rental income of $4,200 per month. Investors can enjoy an above-average cash-on-cash return with existing rental rates, while owner-occupants can offset mortgage costs by living in one unit and renting out the other.
Key features include separately metered utilities, ensuring streamlined management and higher net operating income. Whether you’re seeking a long-term rental opportunity or envision future use as a short-term rental, this oversized duplex promises strong cash flow potential and exceptional flexibility.
This is a rare find in a growing, vibrant community. Don’t wait—contact us today about owning this incredible investment opportunity!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Av
      • Parking FeaturesDriveway, Parking Lot, Paved
      • High SchoolDouglas County
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Middle SchoolChestnut Log
      • CountyDouglas - GA
      • Elementary SchoolBright Star
      • Parking TypeDriveway
      • Original List Price$424,900
      • MLS #7509541
      • MLS #7509541
      • Utility SourcePublic
      • Taxes Annual$4,864
      • Cost424900
      • Property SubtypeDuplex
      • Property ConditionResale
      • Lot DescriptionOther
      • ViewCity
      • Acres0.34
      • Year Built1922
      • SubdivisionNONE

Location

Romayne Khaleel | Engel & Volkers AtlantaReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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