2151 Eatonton RD #A Active Save Request In-Person Tour Request Virtual Tour
Madison,GA 30650
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10601854
Year Built 2005
Annual Tax Amount $2,883
Tax Year 2025
Lot Size 3,049 Sqft
Property Sub-Type Multi Family
Property Description
Investment Opportunity - 6% Cap Rate | Long-Term Tenants | Turnkey Property This exceptional commercial property presents an outstanding investment opportunity in Madison's sought-after business corridor-just minutes from the charming Madison Historic District and convenient to I-20 and Athens. Offering a strong 6% cap rate and long-standing, model tenants under three-year leases, this building provides steady income with triple-net leases and low operating expenses-ideal for investors seeking a reliable, hassle-free return. The smart dual-side design includes four private offices on each side, connected by a welcoming central foyer that naturally divides the space. Each side is equipped with its own break room and kitchenette plus private rear entry, offering flexibility for two independent tenants or one larger operation. A shared conference room enhances functionality for meetings or collaborative use. Totaling approximately 3,000 square feet, the property features eight private offices, one full bath, and two half baths. Major improvements include a newer roof, updated HVAC systems, and fresh interior paint, all contributing to reduced maintenance and strong tenant satisfaction. The seller is also offering a $15,000 flooring allowance, allowing future customization or aesthetic upgrades to suit tenant preferences and further increase appeal. Ample on-site parking supports multiple businesses and their clients with ease. With its strong financials, prime Madison location, and professional, long-term tenants already in place, this property is a turnkey investment ready for a new owner to step in and enjoy consistent income and appreciation potential.
Location
State GA
County Morgan
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features Parking Pad,Side/Rear Entrance
Community Features Sidewalks,Street Lights
Utilities Available Electricity Billing Prorated,Water Billing Prorated
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Morgan County Primary/Elementa
Middle Schools Morgan County
High Schools Morgan County
Others
Special Listing Condition Resale