Est.
$270,000 Sold
2106 Martin Luther King Jr Dr, Albany, GA 31701, USA
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.
Property Details
- Property Type
- Commercial Sale
- Living Area
- 4,592 sq ft
- Lot Size
- 0.72 acres
- Year Built
- 1963
- County
- Dougherty
- Sold Price
- $270,000
- Sold Date
- October 15, 2026
- Last List Price
- $282,000
Price History
- Sold MLS# 167557 $270,000
- Price Reduced MLS# 167557 $282,000 -$3,000
- Price Reduced MLS# 167557 $285,000 -$14,900
