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$ 300,000

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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 Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Historic Marietta

MLS Listing ID 7706799

Construction Status Resale

HOA Y/N No

Year Built 1943

Annual Tax Amount $2,947

Tax Year 2025

Lot Size 9,975 Sqft

Acres 0.229

Property Sub-Type Duplex

Source First Multiple Listing Service

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

Area Historic Marietta

Lake Name None

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood, Tile

Window Features None

Exterior

Parking Features Driveway, Level Driveway

Fence Back Yard, Fenced

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility Accessible Entrance

Handicap Access Accessible Entrance

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Construction Status Resale

Schools

Elementary Schools Park Street

Middle Schools Marietta

High Schools Marietta

Others

Senior Community no

Tax ID 16123500240

Virtual Tour https://my.matterport.com/show/?m=Y5pp97LT5Tn&brand=0

Listed by Keller Williams Realty Atl North

AtHome Team

Associate Brokers | Team Leads | License ID: 357779

+1(770) 598-2999