Description
Unlock a rare, high-yield investment opportunity with this expansive 11.6-acre multi-residential estate, perfectly positioned for maximum cash flow. This versatile compound features a diverse mix of improvements, including a spacious ranch home, a classic brick residence, multiple mobile homes, a 14-stall barn, and several functional outbuildings. Four residential homes are separate parcels make up this land. Currently operating as a high-occupancy rental with 19 active tenants generating over $11,000 in monthly gross income, this property offers immediate ROI with significant room for further optimization or specialized agricultural use. There are two full pastures that are fully fenced. A horse, goats, chickens and more make up the property with plenty for room to roam. Whether you are looking to expand a rental portfolio or establish a unique live-work homestead, the sheer scale and income-producing history of this Franklin Goldmine Road gem make it a standout acquisition. Located down the road from Publix, restaurants, parks and more. I-20 is expending to accommodate the influx of buyers and residents in the Alpharetta and Cumming area. 15 min from Downtown Cumming, 20 min from Halcyon and so much more. Opportunities are endless for potential residential developments as well.
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4BEDS
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11.6ACRES
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1BATHS
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01/2 BATHS
School Information
Description
Unlock a rare, high-yield investment opportunity with this expansive 11.6-acre multi-residential estate, perfectly positioned for maximum cash flow. This versatile compound features a diverse mix of improvements, including a spacious ranch home, a classic brick residence, multiple mobile homes, a 14-stall barn, and several functional outbuildings. Four residential homes are separate parcels make up this land. Currently operating as a high-occupancy rental with 19 active tenants generating over $11,000 in monthly gross income, this property offers immediate ROI with significant room for further optimization or specialized agricultural use. There are two full pastures that are fully fenced. A horse, goats, chickens and more make up the property with plenty for room to roam. Whether you are looking to expand a rental portfolio or establish a unique live-work homestead, the sheer scale and income-producing history of this Franklin Goldmine Road gem make it a standout acquisition. Located down the road from Publix, restaurants, parks and more. I-20 is expending to accommodate the influx of buyers and residents in the Alpharetta and Cumming area. 15 min from Downtown Cumming, 20 min from Halcyon and so much more. Opportunities are endless for potential residential developments as well.
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