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Chris Hilliard

chris.hilliard@evmountains.com +1(404) 664-9582

$ 550,000

Est. payment -/mo

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Price Dropped by $99K

2151 Eatonton RD #A Madison, GA 30650

3,049 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10601854

HOA Y/N No

Year Built 2005

Annual Tax Amount $2,883

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 3049.2

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Investment Opportunity - 6% Cap Rate | Long-Term Tenants | Turnkey Property This exceptional commercial property presents an outstanding investment opportunity in Madison's sought-after business corridor-just minutes from the charming Madison Historic District and convenient to I-20 and Athens. Offering a strong 6% cap rate and long-standing, model tenants under three-year leases, this building provides steady income with triple-net leases and low operating expenses-ideal for investors seeking a reliable, hassle-free return. The smart dual-side design includes four private offices on each side, connected by a welcoming central foyer that naturally divides the space. Each side is equipped with its own break room and kitchenette plus private rear entry, offering flexibility for two independent tenants or one larger operation. A shared conference room enhances functionality for meetings or collaborative use. Totaling approximately 3,000 square feet, the property features eight private offices, one full bath, and two half baths. Major improvements include a newer roof, updated HVAC systems, and fresh interior paint, all contributing to reduced maintenance and strong tenant satisfaction. The seller is also offering a $15,000 flooring allowance, allowing future customization or aesthetic upgrades to suit tenant preferences and further increase appeal. Ample on-site parking supports multiple businesses and their clients with ease. With its strong financials, prime Madison location, and professional, long-term tenants already in place, this property is a turnkey investment ready for a new owner to step in and enjoy consistent income and appreciation potential.

Location

State GA

County Morgan

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Pad, Side/Rear Entrance

Community Features Sidewalks, Street Lights

Utilities Available Electricity Billing Prorated, Water Billing Prorated

View Y/N No

Garage No

Private Pool No

Building

Faces Please use maps for best directions - Building A

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Morgan County Primary/Elementa

Middle Schools Morgan County

High Schools Morgan County

Others

HOA Fee Include None

Tax ID 046B 045

Special Listing Condition Resale

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Chris Hilliard

Real Estate Advisor

+1(404) 664-9582

Chris Hilliard

2151 Eatonton RD #A Madison, GA 30650

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2151 Eatonton RD #A