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Paul Cooke

paul.cooke@exprealty.com +1(706) 714-8553

$ 400,000

Est. payment -/mo

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855 CHEROKEE RD Winterville, GA 30683

6 Beds

2.5 Baths

3,714 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $107

Subdivision Fred & Lois

MLS Listing ID 10876517

Style Brick 4 Side,Ranch

Bedrooms 6

Full Baths 2

Half Baths 1

HOA Y/N No

Year Built 1961

Annual Tax Amount $5,472

Tax Year 2026

Lot Size 1.040 Acres

Acres 1.04

Lot Dimensions 1.04

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Presenting a turnkey, income-producing investment opportunity at 855 Cherokee Road in Winterville. This low-maintenance, 4-sided brick ranch, situated on a generous 1.04-acre lot with no HOA restrictions, offers immediate and stable cash flow for your portfolio. The property features a proven track record of rental success, anchored by a highly reliable tenant who has been in place for six years. Generating $2,600 per month in gross rent with the tenant covering all utilities, this asset ensures maximized net operating income, minimal overhead, and zero immediate vacancy risk. Beyond the impressive financials, the property is built for long-term durability and ease of management. Originally constructed in 1961 with an effective year built of 2000, the home minimizes immediate capital expenditure concerns for the next owner. The interior boasts attractive features that consistently drive high tenant retention, including hardwood floors, a cozy fireplace, and reliable central heating and air conditioning. Furthermore, the outdoor living spaces, such as a spacious patio and a covered front porch, provide the suburban comfort and privacy that premium renters demand. The expansive layout also offers incredible flexibility and future value-add potential. With 6 total bedrooms and 2.5 baths, the home easily accommodates large households. Crucially for investors, the completely finished basement includes a convenient kitchenette, making it an ideal setup for an in-law suite, guest quarters, or even a potential secondary rental unit to maximize future yields should the current tenant ever vacate. This unique combination of a massive footprint, robust structural condition, and guaranteed day-one income makes it a standout addition to any real estate portfolio.

Location

State GA

County Clarke

Rooms

Bedroom Description No

Basement Full, Exterior Entry, Finished

Interior

Heating Central, Forced Air

Cooling Central Air, Electric

Flooring Tile, Laminate, Hardwood, Vinyl

Fireplaces Number 1

Fireplace Yes

Appliance Electric Water Heater, Refrigerator

Laundry In Basement

Exterior

Parking Features Carport

Garage Spaces 5.0

Pool Above Ground

Community Features Walk To Schools

Utilities Available Electricity Available, Cable Available, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 5

Garage No

Private Pool Yes

Building

Lot Description Level

Faces From the historic Winterville Train Depot, head southeast on Cherokee Road for approximately one and a half miles until you reach 855 Cherokee Road

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Brick 4 Side, Ranch

Level or Stories One

Structure Type Brick,Block

New Construction No

Schools

Elementary Schools Winterville

Middle Schools Coile

High Schools Cedar Shoals

Others

HOA Fee Include None

Tax ID 283C3 006

Special Listing Condition Resale

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(706) 714-8553

paul.cooke@exprealty.com

1461 Colliers Creek Rd, Watkinsville, GA 30677, USA