Land for Sale - 2601 S Jackson Street, Albany, GA 31701 - 1.95 acres

1.95 acres in Dougherty County, GA

2601 S Jackson Street, Albany, GA | Lat/Lng:  31.5470, -84.1533

$685,000
1.95 ac.
03/13/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

Exceptional 18-Unit Multifamily Investment Portfolio with Additional Development Potential! Rare opportunity to acquire 9 duplexes totaling 18 residential units, with every unit featuring a highly rentable 2-bedroom, 1-bathroom floor plan. This portfolio provides investors with 36 total bedrooms and 18 bathrooms and offers the advantage of acquiring substantial rental scale in a single transaction. The properties are already producing immediate rental income, while offering additional upside through lease-up, rent optimization, and continued property improvements. Several vacant units have been renovated and are move-in ready, allowing a new owner the opportunity to increase occupancy and revenue without extensive upfront renovations. The roofs are approximately 6 years old, reducing exposure to one of the larger capital expenses associated with multifamily ownership. Adding even more value to the package is an additional vacant lot zoned CR-4, providing potential for future multifamily development and expansion, subject to applicable zoning and approvals. Current monthly rental income is approximately $6,115, with additional income potential as vacant units are leased and the portfolio is stabilized. This is an excellent opportunity for a buy-and-hold investor, multifamily operator, portfolio investor, or 1031 exchange buyer seeking immediate cash flow combined with significant value-add and future development potential. 18 units. 9 duplexes. 36 bedrooms. Additional development lot. One investment package. Contact today for additional property information, rent roll, financial details, and showing availability.

Details

CountyDougherty
Zipcode31701
Property Type OneResidential Property
BrokerageCobblestone Realty Partners
Brokerage Linkwww.remaxofalbany.com
Tambi Williams
Cobblestone Realty Partners
(229) 800-1597
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