SoldNew construction

1013 Elbert Street, Darien, GA 31305

Beds
3
Baths
2
Sqft
1,209

View property features, location on map, relevant school information and overview from seller's agent.

Listed byLPT Realty, LLC.
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Overview

INVESTMENT OPPORTUNITY: 1,750 SF Income-Producing Property

Two Complete Homes | Built-In $~13,200 Annual Income

WHAT MAKES THIS SPECIAL:
This isn't your average home, it's a wealth-building asset. Live in the spacious 1,209 sq ft main house (3 bed/2 bath) while the 533 sq ft ADU (1 bed/1 bath) pays a portion of your mortgage. Or rent both units and cash flow $400+-/month from day one.
MAIN RESIDENCE - 1,209 Square Feet:

3 spacious bedrooms, 2 full bathrooms
Open-concept living and dining area
Modern kitchen with ample storage
Stainless appliances
Master suite with private bathroom
Separate laundry area
Private backyard and parking
Completely separate from ADU

INCOME-PRODUCING ADU - 533 Square Feet:

Fully self-contained 1 bed/1 bath unit
Private entrance and utilities
Complete kitchen and bathroom
Perfect for rental or Airbnb
Currently vacant and rent-ready

THE NUMBERS:
House Hacking (Live + Rent):
Your monthly payment: ~$2,300
ADU rental income: -$1,100
Net cost: $1,200/month (vs. $1,800 to rent!)
Full Investment:
Both units rented: $~2,600/month income
All expenses: -$2,379/month
Cash flow: $~221-$~421/month
Annual return: $2,652-$5,052
Plus appreciation and principal paydown = $15,000-$17,000 total wealth created in Year 1
PERFECT FOR:
? First-time buyers (FHA eligible - 3.5% down)
? House hackers wanting reduced housing costs
? Investors seeking turnkey cash flow
? Airbnb entrepreneurs
? Multi-generational families
? Anyone wanting to build wealth through real estate
LOCATION:
Darien, Georgia - Charming coastal town with:

20 min to Jekyll Island beaches
30 min to St. Simons Island
Strong rental demand
Growing tourism market
Historic downtown and waterfront
Affordable coastal living

Income properties are rare.
Positive cash flow OR reduced living costs
Appreciation + income = double returns
Tax benefits and wealth building

Your housing payment OR your passive income. You decide.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Number of bathrooms
2
Square feet
1,209
Lot size (acres)
0.32
Year built
2024

Exterior features

New construction
Yes

Utilities

Heating
Electric
Cooling
Electric
Sewer
Public sewer
Water
Public

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Golden Isles Association of REALTORS MLS®#: 1658446 Last checked:

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Golden Isles MLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Golden Isles MLS. All Rights Reserved.