Restricted Address ROSSVILLE, GA 30741

Features

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Facts

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Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Attention investors! Don't miss out on this investment opportunity in Rossville, Georgia just minutes away from the Tennessee state line within the Greater Chattanooga area! nnThis duplex currently has a gross monthly rent of $1815 and ratio utility billing for $210 per month. Units have access to a storage shed as well. nnUnit A will be month to month tenancy in January and Unit B is month to month. ncommit;nnThere is potential to increase gross monthly rents to $2180+ since the 2024 HUD Small Area Fair Market Rents are $1,020 for a 1 bedroom and $1,160 for a 2 bedroom unit in 30741. nnThis duplex includes one 2 bedroom and 1 bathroom in unit A and 1 bedroom 1 bathroom in unit B.nnOffers will need a contingency to view within the due diligence period. Please do not disturb tenants.