$319,000
$300,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
610 / 612 Armstrong ST SE Marietta, GA 30060
9,975 Sqft Lot
Key Details
Sold Price $319,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Historic Marietta
MLS Listing ID 7706799
Sold Date 02/13/26
Construction Status Resale
HOA Y/N No
Year Built 1943
Annual Tax Amount $2,947
Tax Year 2025
Lot Size 9,975 Sqft
Acres 0.229
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Welcome to 610 and 612 Armstrong Street, a well-located duplex in the heart of Marietta, offering an excellent opportunity for investors or owner-occupants seeking immediate income potential. This property features two separate units with functional layouts and strong rental demand in the area due to proximity to downtown Marietta, shopping, dining, major highways, and local employers. The property has been freshly painted throughout, and one unit includes an updated bath. One unit also has a washer included. Ideal for value-add or turnkey rental strategies, or for owner-occupants looking to offset housing costs with rental income. Based on pro forma assumptions, investment metrics include a purchase price of $300,000 with projected monthly rents of $1,300 per unit for a combined gross annual income of $31,200. Estimated annual expenses are calculated at 16% of gross income for approximately $4,992, resulting in a net operating income of roughly $26,208 and an estimated cap rate of 8.74%. A financing assumption of a 20% down payment is used for projection purposes only, and all figures should be verified by the buyer. Whether you are building your rental portfolio or planning to live in one unit while renting the other, this duplex presents a compelling opportunity in a consistently strong rental market in Marietta.
Location
State GA
County Cobb
Area Historic Marietta
Lake Name None
Interior
Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood, Tile
Window Features None
Exterior
Parking Features Driveway, Level Driveway
Fence Back Yard, Fenced
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility Accessible Entrance
Handicap Access Accessible Entrance
Total Parking Spaces 2
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Construction Status Resale
Schools
Elementary Schools Park Street
Middle Schools Marietta
High Schools Marietta
Others
Senior Community no
Tax ID 16123500240
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