121 125 Lafayette CT Active Save Request In-Person Tour Request Virtual Tour
Lagrange,GA 30241
Key Details
Property Type Multi-Family
Sub Type Multi Family,Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10592342
Year Built 1981
Annual Tax Amount $1,062
Tax Year 24
Lot Size 1.000 Acres
Property Sub-Type Multi Family,Triplex
Property Description
Discover an exceptional investment opportunity that combines steady cash flow with strategic location advantages. This well-maintained triplex features three separate one-bedroom, one-bathroom units that consistently generate substantial monthly rental income of $2,400, supported by a proven track record of reliable tenants. Located in the heart of LaGrange's vibrant downtown district, this multi-family property offers residents convenient access to local dining, shopping, entertainment, and employment opportunities. The strategic positioning ensures strong rental demand and tenant retention, making it an ideal addition to any investment portfolio. Each unit provides comfortable living spaces with practical layouts that appeal to a diverse tenant base. The property's solid rental history demonstrates its potential as a dependable income generator, perfect for investors seeking passive revenue streams or those looking to diversify their real estate holdings. First-time homebuyers will appreciate the unique opportunity to live in one unit while collecting rent from the remaining two, effectively reducing their housing costs while building equity. This owner-occupant strategy can significantly improve affordability and create a pathway to homeownership that traditional single-family properties cannot match. The building's established cash flow performance eliminates much of the uncertainty typically associated with rental property investments. With three income streams under one roof, vacancy risks are naturally minimized, providing more stable returns compared to single-unit properties. Whether you're an experienced investor expanding your portfolio or a newcomer exploring real estate investment opportunities, this triplex represents a turnkey solution for generating immediate rental income. The combination of prime location, proven performance, and multiple revenue streams creates an compelling investment proposition that deserves serious consideration from savvy buyers.
Location
State GA
County Troup
Interior
Heating Central
Cooling Ceiling Fan(s),Central Air
Laundry In Unit
Exterior
Parking Features Guest,Assigned,Off Street,Parking Pad,Over 1 Space per Unit
Garage Spaces 6.0
Community Features None
Utilities Available Other
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Other
New Construction No
Schools
Elementary Schools Franklin Forest
Middle Schools Gardner Newman
High Schools Lagrange
Others
Special Listing Condition Resale