About This Home

This 0-bedroom, 0-bathroom commercial at 8841 Highway 54 in Jonesboro, GA is listed for $299,900. Built in 1943, the home offers 7,251,579 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1943
  • 0.28 acre lot

Property Details

1943

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$87

Estimates only. Actual payments may vary.

Location

8841 Highway 54

Jonesboro, GA 30238

Property Details

Construction

Wood Siding

Parking

Parking Lot

Heating

Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 8841 Highway 54 is listed at $299,900. The estimated monthly payment is $1,603 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, 0.28 acre lot.

This property is listed by Kate Hayfer.

KH

Kate Hayfer

Agent at Southern Classic REALTORS, LLC

Listed by Southern Classic REALTORS, LLC · Broker phone: 6786358877 · Broker website

MLS# 10877309· Source: Georgia Multiple Listing Service· 20 days on PropertySimple

Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8841 Highway 54, Jonesboro, GA 30238

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