Looking for an affordable property with potential rental income? This traditional single-story home in Albany, Georgia, offers an interesting opportunity for real estate investors and buyers searching for a budget-friendly property.
Listed for $44,900, this home features 3 bedrooms, 1 bathroom, and approximately 963 square feet of living space. Built in 1954, the property has a practical layout and several useful features that may appeal to buyers interested in adding an affordable home to their real estate portfolio.
One of the key highlights is its existing rental setup. The listing reports long-term tenants and advertised rental income of $725 per month. Buyers should independently verify the current lease, rental payment history, occupancy arrangements, and all expenses before evaluating the property’s investment potential.
Inside, the home offers three bedrooms and a full bathroom, providing a straightforward layout for everyday living. The interior features a combination of ceramic tile and vinyl flooring, while the home’s vinyl siding gives it a traditional exterior appearance.
The property also includes central heating and air conditioning, offering year-round climate control. A carport provides covered parking, while the fenced backyard creates a defined outdoor area with possibilities for gardening, relaxing, or enjoying time outside.
Situated on a lot measuring approximately 7,405 square feet, the property offers outdoor space without the maintenance demands of a large acreage parcel. Public water, sewer, and electricity are connected, adding practical convenience for the property’s next owner.
For investors, the combination of an accessible asking price and reported rental income may make this home worth further investigation. At the advertised rent of $725 per month, the annual gross rental income would be $8,700 before property taxes, insurance, maintenance, vacancy, management fees, and other ownership costs. Actual returns will depend on verified rental income and operating expenses.
The property is currently described as tenant-occupied, so prospective buyers should respect the occupants’ privacy and arrange any inspections or showings through the listing agent. A professional inspection is also recommended to assess the roof, plumbing, electrical systems, HVAC, and overall condition.
Located in Albany, Georgia, this home may suit buyers looking for an affordable investment opportunity or a property with an established rental history.
Property Details
Location: Albany, Georgia
Listed Price: $44,900
Bedrooms: 3
Bathrooms: 1
Living Space: Approximately 963 Sq Ft
Lot Size: Approximately 7,405 Sq Ft
Year Built: 1954
Property Type: Single-Family Home
Exterior: Vinyl Siding
Heating and Cooling: Central HVAC
Parking: Carport and Driveway
Outdoor Feature: Fenced Backyard
Utilities: Public Water, Sewer, and Electricity
Advertised Rent: $725 Per Month
Occupancy: Tenant-Occupied
An affordable Georgia property with a fenced yard, covered parking, and reported rental income for buyers looking to explore a potential investment.
See more photos and details here zillow.
