368 Cannon Drive Social Circle, GA $ 245,000
368 Cannon Drive
$ 245,000
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368 Cannon Drive

Social Circle, GA, 30025
$ 245,000
Baths0.0

Monthly Estimate*

$ 1,628

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Studio

Multi-Family Home for sale in Social Circle, GA

for $245,000. This home was built in 1950 on a lot size of 0.43.

Welcome to 368 Cannon Drive, a unique nonconforming triplex nestled near the heart of Social Circle. This property presents an excellent investment opportunity or a perfect place to call home with income potential. Comprising two charming studio apartments and one spacious 2-bedroom/2-bathroom unit, this triplex provides versatile living arrangements to suit various lifestyles. Equipped with a metal roof and vinyl siding, the low-maintenance exterior promises to be easy to keep up. The property's prime location offers easy access to local amenities, including shops, restaurants, grocery, and the newly approved Rivian Plant that will bring 7,500 new jobs to the area. An appealing location for tenants seeking convenience all around. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, 368 Cannon Drive presents an enticing prospect. Rent out all three units, or rent out two and live in the larger of the three units. The choice is yours! Fully rented, the property grosses $3250 per month.

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Multi-Family Pending

Price

$ 245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 932

Style

Multi Family

Lot Size

0.43

Year Built

1950

Town/City

Social Circle

County/Region

Walton

MLS | Web ID

10263750

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other Sewer Connected
HOA 0
Association Fee Includes None
Construction Materials Vinyl Siding
Year Built 1950
Levels One
Property SubType Multi Family
Tax Year 2023
Gross Income 3250
Community Features None
County Walton
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Status Under Contract
Directions From downtown Atlanta: Get on I-75 S/I-85 S and follow signs for I-20 E to GA-11 N/State Hwy 11 N in Newton County. Take exit 98 from I-20 E and continue on GA-11 N/State Hwy 11 N. Drive to Cannon Dr
High School Social Circle
City Social Circle
Buyer Agent Compensation 2
Body of Water None
View Y/N N
Senior Community Y/N N
Total Units 3
Lot Size Square Feet 18730.8
Waterfront Y/N N
Carport Y/N N
Street Name Cannon
Elementary School Social Circle Primary/Elementa
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 932
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School Social Circle
Property Condition Updated/Remodeled
Structure Type House
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Parking Features Parking Pad
Water Source Public
Total Parking 0
Lot Size Area 18730.8
Spa N
Lot Size Acres 0.43
Lot Size Units Square Feet
Lot Size Source Public Records
Open Parking Y/N Y
Horse Y/N N
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* Excluded Features
List By
Keller Williams Realty

Broker

ahaywood@kw.com

Email

Affordability Calculator

$1,706
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,628
Monthly Property Taxes
$78
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4134060 Elementary School
4133812 Middle School
Social Circle High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$245,000 -3.92% Price Down
3/8/2024$255,000 Listed Price

Map


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368 Cannon Drive, Social Circle, GA, 30025 is a Multi-Family Home for sale at $245,000 with a lot size of 0.43. 368 Cannon Drive is a studio with 0.0 baths and was built in 1950. The property's zip code is 30025 which is in Social Circle, GA