2 months on rocket

206 S Main St, Lafayette, GA, 30728

$465,000

Home List Price

$5,522*

Closing Credit

0 Baths
House
Schools Nearby

Location

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206 S Main St, LaFayette$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

ParkingAttached
Attached GarageYes
Year Built1952
HeatingNatural Gas
CoolingElectric
MLS #20171904
Lot Size1.24 Acres
StatusActive

About 206 S Main St

PRIME MULTI-FAMILY INVESTMENT OPPORTUNITY IN AN INCREDIBLE LOCATION! Conveniently located on over an acre lot on Main Street in Downtown LaFayette, GA, with 150+ Feet of road frontage on both Main Street and S. Cherokee Street, this incredible, unique opportunity consists of a 2600+ SQ FT Duplex with 2 Bedrooms + 1 Bath in each unit, a 2 Bedroom, 1 Bath Single Family Home with 1000+ SQ FT, and a small, cottage style home offering 1 Bedroom and 1 Bath. All of the dwellings have been updated and cared for, with the current owner's updates consisting of new roofs, new windows, new flooring throughout, new paint, in addition to other interior and exterior renovations. All units expect for one side of the duplex are occupied, with all but one unit being on a month-to-month lease basis. These rental units far exceed expectations, with pride of ownership being apparent and demonstrated by both the owner and tenants. Due to the month-to-month leases, these units offer the opportunity for immediate financial adjustment in order to align more with the current fair market rental rates. The front portion of the property with Main Street road frontage also offers potential future development. If you are looking for a rare, fruitful investment opportunity to add to your real estate portfolio, don't miss this one. Call today to schedule your private tour of this fantastic piece of real estate!

Property Details

Property Features

Property Information:

  • Year Built: 1952

Listing Office:

  • Office Name: BHGRE Jackson Realty
  • Listing Agent: Tanner

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 1.24 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Lafayette High School, Public District Grades 9-12
  • Lafayette Middle School, Public District Grades 6-8
  • North Lafayette Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Highway 27, continue onto Main St. Property on right past Bank of LaFayette

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
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Housing Market Comparison

See how this home compares to others in LaFayette, GA.

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LaFayette, GA

City

Med. Sold Price

$195.5K

Med. Price/SqFt

$150

Avg. Days On Market

44

# of Sold Homes

22

206 S Main St vs LaFayette

68 DAYS ON ROCKET

+24 Days

$465,000

+$269.5K More

KEY TAKEAWAY

This property is $269.5K more than the Median Sold Price in LaFayette, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #20171904

Listing Office:

  • Office Name: BHGRE Jackson Realty
  • Listing Agent: Tanner

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1495760
6
/10

  • North Lafayette Elementary School

  • 610 N Duke St

  • 1.01 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1495761
7
/10

  • Lafayette Middle School

  • 419 Roadrunner Blvd

  • 1.64 miles

  • Public District Grades 6-8

High School

school-card-donut-1495762
4
/10

  • Lafayette High School

  • 100 Rambler Dr

  • 1.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,227. The majority of LaFayette, GA residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 206 S Main St

What is the listing price of this property?

The listing price of 206 S Main St property is $465,000.

What type of property is this?

The property 206 S Main St is a house located in Lafayette, Georgia, 30728.

Is this property for sale now?

Active Listing: 206 S Main St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 206 S Main St are:
North Lafayette Elementary School: GreatSchools Rating 6/10
Lafayette Middle School: GreatSchools Rating 7/10
Lafayette High School: GreatSchools Rating 4/10

Which year was this property built?

The year of construction for 206 S Main St is 1952.

Rocket Homes›Georgia›Walker County›LaFayette›30728›206 S Main St

This home is located at 206 S Main St in Lafayette, GA and zip code 30728. This home, which was built in 1952, sits on a 1.24 acre lot. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $465,000.

LaFayette, GA housing market in March 2024 saw over 9 listings sold above listed price, more than 5 sold at listed price and over 8 sold below. Between February 2024 and March 2024, LaFayette, GA real estate market has seen increase in the number of listings by 25.6%. While the average time on the market in March 2024 was 44 days, the median list price was $195,500.

From Rocket Homes Real Estate and based on county public records data.

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