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Steve Singleton

steve@ave32.com +1(470) 204-0911

$ 410,000

Est. payment -/mo

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2132 McCalla RD SE Conyers, GA 30013

0.39 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Country Walk At Fieldstone

MLS Listing ID 7561480

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1985

Annual Tax Amount $6,170

Tax Year 2024

Lot Size 0.388 Acres

Acres 0.388

Property Sub-Type Duplex

Property Description

Rare opportunity to own a duplex, with two well-appointed units - each offering 3 bedrooms and 3 bathrooms. Over $70,000 in renovations/upgrades in 2021. Unit A rents for $1,395 per month and Unit B for $1,460, bringing in a total monthly income of $2,855, or $34,260 annually. With estimated annual expenses at 16% of gross income ($5,481.60), the property yields a Net Operating Income (NOI) of $28,778.40 and a capitalization rate of approximately 7.02%. Assuming a 20% down payment and a 30-year fixed mortgage at a 6.5% interest rate, the annual mortgage payments would total around $24,872.40, resulting in a positive annual cash flow of $3,906.00. Appraised at $420,000. MARKET RENT POTENTIAL: Average rents for 3-bedroom rentals in this area are currently around $1,775/month. At that rate, total monthly income would increase to $3,550, or $42,600 annually. With the same 16% expense ratio, operating expenses would be approximately $6,816, resulting in a Net Operating Income (NOI) of $35,784. This would raise the cap rate to 8.73%. With a $410,00 purchase price, a 20% down payment ($82,000), and an estimated annual debt service of $24,864, projected cash flow would increase to $10,920/year - delivering an improved cash-on-cash return of 13.3%. Both sides showcase soaring ceilings and modern, open layouts with elegant kitchens featuring stainless steel appliances. The living rooms, complete with fireplaces, create warm and inviting spaces, and each unit includes its own washer and dryer for added convenience. Spacious bedrooms and well-designed bathrooms provide comfortable, private retreats. Outside, charming patios overlook a generous green space - ideal for relaxing or entertaining. The area is also seeing rapid growth, with 5,600 new jobs coming to major employers like Rivian, Archer Aviation, and Meta—all within a 10-minute drive. Plus, with average rents for 3-bedroom rentals in the area currently around $1,775, there's clear potential for future rent increases. Whether you're seeking a smart investment or multigenerational living, this duplex offers the perfect blend of style, comfort, and versatility. ***No showings until due diligence period. Please do not disturb tenants.***

Location

State GA

County Rockdale

Lake Name None

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Luxury Vinyl

Window Features None

Exterior

Parking Features Driveway, Garage

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools Peek'S Chapel

Middle Schools Memorial

High Schools Salem

Others

Senior Community no

Tax ID 077A020049

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=HUiDT7MCkYY&brand=0

Listed by Keller Williams Realty Atl North

Steve Singleton

Broker | License ID: 385395

+1(470) 204-0911

Steve Singleton

2132 McCalla RD SE Conyers, GA 30013

Key Details

Location

Interior

Exterior

Building

Schools

Others

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