NOT LISTED FOR SALE

920 Corder Rd Warner Robins, GA 31088

Estimated Value: $1,957,000 - $2,037,113

-- Bed
-- Bath
4,320 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $2,023,500 $468 Per Sq Ft

51 Days on Market

About This Home

As of September 2023

This is an opportunity to own two small complexes for a total of 29 doors. Corder Rd has 15 doors which include 8 two bedroom townhouses, 3 three bedroom townhouses, and 4 three bedroom flats. One vacancy that can be turned and a tenant placed prior to purchase or after. That unit is a three bedroom flat and should rent for $1050/mo. Each unit is individually metered for water and power so owner only pays a minimal outdoor light bill and there is a grounds keeper that is paid monthly $300. All tenants are pretty stable with minimal issues. Some leases could be renewed under new ownership for an increased rent rate. Carolina Ave (Parcel 0W041G 004000) has 14 doors, all brick two bedroom duplexes that sit on 5.58 acres behind Northside High School. Market rent for these units is around $850/mo. There are two new vacancies that can be turned and tenant placed prior to sale or after. Each unit is individually metered for power and water so owner only pays for grounds keeper at $700/mo. Parking is at each unit and all but three units have had renovations (those three have long term stable tenants so only renovations as needed). All units have central AC/Heat or mini splits. Annual taxes of $9289. The two locations will be sold together and not split apart. Both locations are under management currently. Property manager is ok to keep managing them or to relinquish management to another company. Both locations are easy to manage with great tenants and very little issues on the property or surrounding areas.

Last Listed By

Heather Peebles

HRP Realty License #408804 Listed on: 05/30/2023

HRP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,232

Year Built

  • Built in 1968

Lot Details

  • 1

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Schools

  • Miller Elementary School
  • Warner Robins Middle School
  • Warner Robins High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 15 Units
  • Corder Rd Apts Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,232

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: 1.00
  • Structure Type: Multi Family (5+ Units), Quadruplex, Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Basement: None
  • Price Per Square Foot: 2023500

Exterior Features

  • Construction Materials: Brick, Other
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Water Individual Meters
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Miller
  • High School: Warner Robins
  • High School Bus: Yes
  • Middle School: Warner Robins
  • Middle School Bus: Yes
  • Elementary School: Miller
  • Middle School: Warner Robins
  • High School: Warner Robins

Lot Info

  • Deed Book: 7895
  • Deed Page: 257
  • Plat Book: 10
  • Plat Page: 242

Rental Info

  • Owner Pays: Other

Tax Info

  • Year: 2022
  • Tax Annual Amount: 11232

Multi Family

  • NumberOfUnitsTotal: 15

MLS Schools

  • Elementary Bus Line: Yes

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $2,023,500 -9.9% $468 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $2,245,000 0.0% $520 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $2,245,000 +124.5% $520 / Sq Ft
06/29/2018 06/29/18 Sold $1,000,000 -16.7% $231 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $1,200,000 -- $278 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 20125337

Georgia MLS

APN: W81-21