$515,000

284 Newnan Street, Franklin, GA 30217

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon1.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

284 Newnan Street is a five-unit residential income property with four units already leased and producing consistent returns. Current gross monthly rent brings in roughly $4,000 per month. This property offers stable in-place income while leaving room for expansion. Each unit features separate water and gas meters, fresh interior paint, and updated appliances. The fifth unit is vacant and ready for renovation, providing a simple and immediate value-add opportunity that can push cash flow even higher. Located in a peaceful area of Franklin and close to town, this property could be a strong, long-term, income-producing real estate asset with dependable cash flow and room for future growth.

Listing Status:
Active
Date Added:
November 2, 2025 at 05:00AM
Listing Office:
Real Broker LLC : 855-450-0442
Listing Agent:
Rachel Boyd : 770-328-3785
MLS ID:
10636222
  • Laundry: In Unit
  • Basement: None
  • A/C: Window Unit(s)
  • Heating: Other
  • Fireplace: Fireplaces: 0
  • Parking: Attached
  • General: BrickWood SidingTwoPillar/Post/Pier
  • HOA Amenities: None
  • Originating MLS: Georgia MLS 2
  • County: Heard
  • Zoning: 0039 A 0075
  • Utilities: Sewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Georgia MLS 2

This listing courtesy of Rachel Boyd, Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Heard County Elementary School

4647 Pea Ridge Rd, Franklin, GA, 30217

Grades PK-5

2.40 miles away

H

Heard County Middle School

269 Old Field Rd, Franklin, GA, 30217

Grades 6-8

1.82 miles away

H

Heard County High School

545 Main St, Franklin, GA, 30217

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.