2106 Martin Luther King Jr Drive, Albany, GA 31701
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2106 Martin Luther King Jr Drive, Albany, GA 31701
2106 Martin Luther King Jr Drive, Albany, GA 31701
2106 Martin Luther King Jr Drive, Albany, GA 31701
2106 Martin Luther King Jr Drive, Albany, GA 31701
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Debbie Kirkland

Debbie Kirkland

+1(850) 212-0440
$ 282,000
Est. payment /mo
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Pending

2106 Martin Luther King Jr Drive Albany, GA 31701

4,592 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Apartments/Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,592 sqft

Price per Sqft $61

MLS Listing ID 167557

HOA Y/N No

Year Built 1963

Annual Tax Amount $1,172

Tax Year 2025

Lot Size 0.720 Acres

Property Sub-Type Apartments/Multi-Family

Property Description

This well-maintained Six-door multifamily investment opportunity is a standout addition to any rental portfolio. Located in a strong rental community with consistent demand, the property currently has five units leased, providing immediate income, with one vacant unit offering the perfect opportunity for an owner to increase cash flow or complete a value-add lease-up. Investors will appreciate the property's high cap rate potential and solid performance, making it an attractive option for both seasoned and first-time multifamily buyers. Each unit has been equipped with a new AC/heat mini-split system, delivering efficient, modern climate control for tenants. Additional upgrades include a fairly new roof, offering peace of mind and reduced long-term maintenance costs. With stable occupancy, key improvements already in place, and room for additional upside, this property represents a turnkey income-producing asset in a thriving rental market. This property is a must see! Contact me today for more details.

Location

State GA

County Dougherty

Area Dougherty

Zoning City,Commercial,Multi-Family

Interior

Heating See Remarks, Wall/Window

Cooling See Remarks, High Efficiency, Wall/Window Unit(s)

Flooring Vinyl

Appliance Electric Water Heater

Exterior

Utilities Available Electricity Available

View Y/N No

Water Access Desc Albany Utilities

Roof Type Shingle

Garage No

Building

Lot Description Bus Service, Near Airport, Aerials Available, Corner Lot, Flood Plain

Story 1

Sewer Albany Utilities

Water Albany Utilities

Level or Stories 1

Stories 1

Floor Plan 1

Others

Acceptable Financing Sale Price, Other

Listing Terms Sale Price, Other

Listed by COLDWELL BANKER WALDEN & KIRKLAND
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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2106 Martin Luther King Jr Drive