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Debbie Kirkland

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$ 330,000

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Pending

2126 Martin Luther King, Jr. Drive Albany, GA 31701

16 Beds

8 Baths

5,890 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex/Quad/Multi-Unit

Listing Status Pending

Purchase Type For Sale

Square Footage 5,890 sqft

Price per Sqft $56

Subdivision Flintside

MLS Listing ID 165306

Bedrooms 16

Full Baths 8

HOA Y/N No

Year Built 1970

Annual Tax Amount $1,373

Tax Year 2025

Lot Size 0.570 Acres

Property Sub-Type Duplex/Quad/Multi-Unit

Property Description

Excellent 8-Unit Multifamily Investment Opportunity! This investment package consists of two brick quad buildings totaling 8 units, with each unit offering a desirable 2-bedroom, 1-bathroom layout. The properties provide a total of 16 bedrooms and 8 bathrooms, creating an attractive opportunity for investors looking to acquire multiple rental units in a single transaction. Each unit features washer/dryer connections, individual window units for heating and cooling, and laminate flooring throughout. Several units have also received updates to kitchen cabinets and countertops, and both roofs have been replaced, helping reduce major near-term capital expenditures. The property currently generates immediate cash flow, with reported monthly income of approximately $3,425 and potential monthly income of approximately $4,400, offering additional upside through improved occupancy, rent optimization, and continued property improvements. With 8 rental units across two separate quad buildings, this package offers investors the opportunity to increase NOI, build equity, and scale their portfolio with one acquisition. Ideal for a buy-and-hold investor, value-add investor, or 1031 exchange. Properties included: 2126 MLK Jr. A, B, C & D and 315 Flintside A, B, C & D. Contact today for additional financial information, rent roll, property details, and showing availability.

Location

State GA

County Dougherty

Area Dougherty

Interior

Interior Features Other-See Remarks

Heating Window/Wall

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace No

Appliance None

Exterior

Exterior Feature Other-See Remarks

Parking Features Other-See Remarks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Waterfront Description None

View Y/N No

Water Access Desc Albany Utilities

Roof Type Shingle

Garage No

Building

Lot Description Flood Insurance, Flood Zone, Flooded in '94

Story 1

Foundation Slab

Sewer Albany Utilities

Water Albany Utilities

Level or Stories 1

Stories 1

Floor Plan 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://tour.usamls.net/2126-S-Martin-Luther-King-Jr-Drive-Albany-GA-31701/unbranded

Listed by Cobblestone Realty Partners

NEARBY SCHOOLS & PROPERTIES

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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Debbie Kirkland

2126 Martin Luther King, Jr. Drive Albany, GA 31701

Key Details

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Interior

Exterior

Building

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2126 Martin Luther King, Jr. Drive

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