3820 Mayfair Ln, Albany, GA 31721, USA

Description

Investor Opportunity with Immediate Income Potential! This well-maintained brick duplex offers an outstanding opportunity to expand your investment portfolio or generate steady passive income. Each unit features 3 bedrooms, 2 bathrooms, a spacious living room with a fireplace, covered front porch, private patio, fenced backyard, and laundry room—features that are consistently appealing to tenants. One unit is currently occupied by a dependable long-term month-to-month tenant, providing immediate rental income from day one. The current rental rate is well below today's market value, creating an excellent value-add opportunity for the next owner. With the tenant on a month-to-month lease, the new owner has the flexibility to adjust rental rates to market value. The second unit has been refreshed with fresh interior paint (including the kitchen cabinets), new luxury vinyl plank flooring, and a new dishwasher and refrigerator, making it move-in or rent-ready with minimal upfront investment. This vacant unit also gives the new owner the opportunity to establish a competitive market rental rate from the start. Whether you're looking to lease both units for maximum cash flow or occupy one side while offsetting your mortgage with rental income, this property offers exceptional flexibility and strong upside potential. With the ability to establish market rents on both units, investors have a unique opportunity to increase income and maximize returns. Property is being sold As-Is, Where-Is. Sellers hold Georgia Real Estate Licenses #119226 & #11900.

Property Details

Property Type

Residential

Bedrooms

6

Bathrooms

4

Living Area

3,224 sq ft

Lot Size

0.15 acres

Year Built

1993

Subdivision

St Andrews

County

Dougherty

Sold Price

$279,000

Sold Date

August 19, 2026

Last List Price

$289,900

Price History

1. Aug 19, 2026 Sold MLS# 169453 $279,000

Location