125 Stripling St 3 Unit Apartment Building Offered at $799,950 at a 5.12% Cap Rate Ball Ground, GA 30107

Welcome to one of the most unique houses in Ball Ground and a fantastic investment opportunity! This is an income generating residential property in the city center of downtown Ball Ground with three established and highly rated short term rentals on the property in addition to a single family home. The combined Airbnb rating for the three short term rentals are a 4.97/5.00 with 348 reviews. The combined annual gross rent for the three rental studios in 2024 was over 60k. Newly Constructed in January 2022, this beautiful house is in historic downtown Ball Ground, walking distance to main street, the library, and the botanical gardens. Sitting on .39 acres, this property has over 4000 square feet of conditioned floor space, including a total of 8 bedrooms, 6.5 bathrooms, two mother in law suites, and an extra large concrete parking area to accommodate 9 cars besides the 2-car detached garage. A beautiful screened in back porch has recently been added to the back of the main building. The two mother in law suites as well as the full size walk-out basement studio have been used as short term and mid-term rental accommodation for the last two years and could be continued as rental income or ceased according to your needs. The main house has three porches - two of which are covered, as well as a concrete patio for the walk-out basement studio. The rear mother in law cottage has a gorgeous covered and screened patio complete with a queen size hanging bed! The basement studio and 1st floor of the main house have 10 foot ceilings. The exterior walls and roof of the main house and detached garage have been spray foam insulated. The main house has lots of windows for a bright and cozy lifestyle. The south side of the property is bordered by a small creek - the same creek that flows to the City Botanical Gardens. Zero HOA! The owner of the property is a licensed real estate agent. Seller is highly motivated and flexible. Do you want some renovations accomplished before you move in - the owner can accomplish that. Need flexibility as far as a move in date - the owner can accommodate that. Wish to keep the airbnb’s operating or shut them down, up to you!