GRC Properties

Investor portfolio for sale:

Become an instant landlord! All properties are rented with current monthly rent totals of up to $3,245.00 per month. When tenants qualify for early payment discount, you will receive lowest total rents of $3,095 per month.

Rent: $3,095 per month
Taxes and insurance (approx $150/mo/property) $600
Actual income $2,445 per month
ROI = 6.517%

Includes four houses, all are currently rented. Current appraised value of all $450,000. Contact gerry@grcwebsite.com if you are interested.


785 Jett Rd, Jonesboro, GA
Four sided brick home. 3 bedrooms carpeted; 2 baths with ceramic tile floors; floating laminate floor in kitchen, dining room and living room. All new paint inside and out. New roof, new A/C, new cabinetry and counter tops. All new plumbing fixtures. Fenced yard. Comes with range, hood vent, and dishwasher. Inside laundry area. All new recepticles, switches and light fixtures. Central HVAC with gas heat. Approximately 1100 sq. ft.

Current rent $845/month. 1 year lease signed 10/ 2007. We allow a $50 discount for early rent payments.
CMA $117,000


821 Johnson Rd, Jonesboro, GA
Four sided brick home. 3 bedrooms carpeted; 2 baths; large inside laundry area; total electric with central HVAC. New interior paint. Comes with new range, hood vent and new dishwasher. Large fenced back yard with large out building. Approximately 1100 sq. ft.

Current rent $845/month. 1 year lease signed 10/2007. We allow a $50 discount for early rent payments.
Most recent appraisal $116,000.



466 Tipton Dr. Riverdale, GA
Four sided brick home. Large corner lot; out building with power. New carpet and floating floor in livingroom and hall. Inside laundry area. All new vinyl insulated windows. Total electric with central HVAC.
Current rent $845/month. 1 year lease signed 01/ 2007. We allow a $50 discount for early rent payments.
Most recent appraisal $100,000


8570 Kennesaw Ct. Jonesboro, GA
Four sided brick home. 3 bedrooms carpeted, 2 baths. Ceramic tile in livingroom, hall and hall bath. New kitchen cabinetry with ceramic tile counter top. New vinyl insulated windows. New insulated metal doors. Total electric central HVAC with heat pump. Large fenced backyard.
Current rent $710/mo. (Section 8 pays 100%) 1 year lease renewed 10/2007.
Most recent appraisal $117,000