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8841 Highway 54

$299,900

8841 Highway 54, Jonesboro, GA 30238

Active
Last Updated: 10/26/2026

2,304 sqft

Building Size

1943

Year Built

Details:
Building Size:    2,304 sqft
Year Built:    1943
Parking Spots:    8
Highlights:
  • Lot Features: Level
  • Gross Income: 0
  • Number Of Buildings: 2
  • Bathrooms Total: 0
  • Documents Available: None
  • Cooling: Central Air
  • Heating: Heat Pump
  • Electric: 110 Volts, 220 Volts
  • Flooring: None
  • Construction Materials: Wood Siding
  • Parking Features: Parking Lot
  • Accessibility Features: None
  • Security Features: Fire Sprinkler System
Description:

EXCEPTIONAL BOARDING HOUSE INVESTMENT OPPORTUNITY! This property features two buildings with significant rental income potential and substantial upside once renovations are complete. BUILDING ONE: A partially renovated 2-bedroom, 2-bathroom unit. The kitchen and bathroom renovations are nearly complete, with remaining work including drywall repairs, window repairs, potential flooring replacement, and general cleanup. BUILDING TWO: Configured for two 1-bedroom, 1-bathroom apartments and four studio apartments. The building features a newly installed sprinkler system with fire department water access at the front of the property. Some kitchen and bathroom renovations have been completed, while much of the building remains down to the studs, offering an opportunity to customize the space during renovation. With substantial renovation potential and multiple units to bring online, this property presents an excellent opportunity for investors seeking to maximize rental income and long-term value.


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