1 month on rocket

476 Powerhouse Rd, Forsyth, GA, 31029

$609,000

Home List Price

$7,232*

Closing Credit

0 Baths
Multi

Location

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476 Powerhouse Rd, Forsyth$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Pad
Year Built1980
HeatingCentral
CoolingCentral Air
MLS #10382329
Lot Size1.21 Acres
StatusActive

About 476 Powerhouse Rd

Investment Opportunity: 3 Duplexes, Fully Rented Located near Downtown Forsyth, Georgia! Discover duplexes located just minutes from downtown Forsyth, Georgia with a cozy, welcoming atmosphere and easy access to local shops, restaurants, and amenities. Don't miss this prime investment! This property features 3 duplexes, totaling 6 units. All units are currently rented out, providing immediate rental income. 4 units offer 2 bedrooms and 1 bathroom, ideal for small families or professionals. 2 units feature 2 bedrooms and 1.5 bathrooms, offering added convenience with the extra half bath. Each duplex brings in steady cash flow, perfect for investors seeking a reliable return. Act now to expand your portfolio with this income-generating property! This prime location offers excellent rental potential for investors or an ideal option for owner-occupants looking to live in one unit and rent the other. Enjoy the charm of small-town living while being just a short drive from Macon and Atlanta. Don't miss out on this great opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1980

Listing Office:

  • Office Name: NextHome MainStreet
  • Listing Agent: Erin Byrd

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot Size: 1.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
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Housing Market Comparison

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

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Forsyth, GA

City

Med. Sold Price

$350K

Med. Price/SqFt

$154

Avg. Days On Market

58

# of Sold Homes

13

476 Powerhouse Rd vs Forsyth

57 DAYS ON ROCKET

-1 Day

$609,000

+$259K More

KEY TAKEAWAY

This property is $259K more than the Median Sold Price in Forsyth, GA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Georgia MLS 2
  • MLS Number: #10382329

Listing Office:

  • Office Name: NextHome MainStreet
  • Listing Agent: Erin Byrd

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: 11/18/2024, 3:20:50 AM 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.

Payment Calculator

$3,107

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,892

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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.

Nearby Schools

school-card-donut-626747
5
/10

  • Katherine B. Sutton Elementary School

  • 1315 GA Highway 83 N

  • 1.50 miles

  • Public District Grades PK-5

school-card-donut-626748
6
/10

  • Samuel E. Hubbard Elementary School

  • 558 GA Highway 83 S

  • 2.00 miles

  • Public District Grades PK-5

school-card-donut-626749
5
/10

  • T. G. Scott Elementary School

  • 70 Thornton Rd

  • 2.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,042. The most common annual income of people living in Forsyth, GA is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Georgia›Monroe County›Forsyth›31029›476 Powerhouse Rd

This home is located at 476 Powerhouse Rd in Forsyth, GA and zip code 31029. This home, which was built in 1980, sits on a 1.21 acre lot. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $609,000.

In October 2024, from all listings sold in Forsyth, GA there were more than 2 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. In October 2024 in Forsyth, GA there were 15.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $350,000.

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

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