116 Ivey Street, Richmond Hill, GA 31324

Local realty services provided by:Better Homes and Gardens Real Estate Legacy
116 Ivey Street,Richmond Hill, GA 31324
$525,000
  • 7 Beds
  • 3 Baths
  • 3,982 sq. ft.
  • Multi-family
  • Active
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:151 day(s) ago
  • Updated:August 17, 2025 at 02:19 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