(864) 362-2375
8841 Highway 54
$299,900

8841 Highway 54, Jonesboro, GA 30238

7251.5k7,251,579SQFT
0.28Acres
1943YearYear Built

About This Home

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.

Location

Key Facts

Status: Active
Type: Commercial Sale
Neighborhood: n/a
Annual Taxes: $2,555
HOA Fees: Not provided
MLS: Georgia
MLS #: 10877309

Features

Other

Mortgage Calculator

$1,516Estimated monthly payment

Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.

History

Current list price: $299,900
Status: Active — For Sale
Days on market: 0
Last updated: Oct 22, 2026

Schools

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Source MLS #: 10877309
Last updated: Oct 22, 2026
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