116 Ivey Street, Richmond Hill, GA 31324
Local realty services provided by:Better Homes and Gardens Real Estate Legacy
Listed by: kathleen linzey
Office: realty one group inclusion
MLS#:327755
Source:GA_SABOR
Price summary
- Price:$525,000
- Price per sq. ft.:$131.84
About this home
Exceptional Investment Opportunity –Richmond Hill Triplex w/ As Is Monthly rental potential $4395-good cash flow
Seize this rare opportunity to own a well-maintained, income-producing triplex in the heart of Richmond Hill! This versatile property features two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, offering ample living space for tenants.
The seller has invested over $55,000 in recent upgrades, including new HVAC systems and plumbing enhancements, ensuring long-term reliability and added value. There’s also potential to further increase rental income and equity with additional updates, making this a savvy investment. Prime Location: Conveniently located near Highway 17 and I-95, tenants enjoy easy access to shopping, dining, and top-rated schools, making this property highly desirable.
This is more than just an investment—it's a chance to own a piece of Richmond Hill’s rich history while securing strong rental income in one of Georgia’s most sought-after communities.
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Home facts
- Year built:1940
- Listing ID #:327755
- Added:251 day(s) ago
- Updated:November 23, 2025 at 03:21 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,982 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Window Units
- Heating:Central, Electric
Structure and exterior
- Year built:1940
- Building area:3,982 sq. ft.
- Lot area:0.29 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$131.84
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