Marietta, GA 30060,610 / 612 Armstrong ST SE
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Marietta, GA 30060,610 / 612 Armstrong ST SE,Video Tour
Marietta, GA 30060,610 / 612 Armstrong ST SE
Marietta, GA 30060,610 / 612 Armstrong ST SE
Marietta, GA 30060,610 / 612 Armstrong ST SE
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610 / 612 Armstrong ST SE Marietta, GA 30060

9,975 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

Subdivision Historic Marietta

MLS Listing ID 10677086

HOA Y/N No

Year Built 1943

Annual Tax Amount $2,947

Tax Year 2025

Lot Size 9,975 Sqft

Acres 0.229

Lot Dimensions 9975.24

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Welcome to 610 and 612 Armstrong Street, a well-located duplex in the heart of Marietta, offering an excellent opportunity for investors or owner-occupants seeking immediate income potential. This property features two separate units with functional layouts and strong rental demand in the area due to proximity to downtown Marietta, shopping, dining, major highways, and local employers. The property has been freshly painted throughout, and one unit includes an updated bath. One unit also has a washer included. Ideal for value-add or turnkey rental strategies, or for owner-occupants looking to offset housing costs with rental income. Based on pro forma assumptions, investment metrics include a purchase price of $300,000 with projected monthly rents of $1,300 per unit for a combined gross annual income of $31,200. Estimated annual expenses are calculated at 16% of gross income for approximately $4,992, resulting in a net operating income of roughly $26,208 and an estimated cap rate of 8.74%. A financing assumption of a 20% down payment is used for projection purposes only, and all figures should be verified by the buyer. Whether you are building your rental portfolio or planning to live in one unit while renting the other, this duplex presents a compelling opportunity in a consistently strong rental market in Marietta.

Location

State GA

County Cobb

Rooms

Bedroom Description No

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Garage Spaces 2.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces From I-75 N, take exit 261 and merge onto GA-280 S. Then turn right onto Fairground Street SE and right onto Armstrong Street SE. Duplex will be on the right.

Sewer Public Sewer

Water Public

Structure Type Stone Frame

New Construction No

Schools

Elementary Schools Park Street

Middle Schools Marietta

High Schools Marietta

Others

HOA Fee Include None

Tax ID 16123500240

Special Listing Condition Resale

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610 / 612 Armstrong ST SE