Active$54,999
3 bd1 ba1,513 SFSingle-family home
667 Alston Street
Richland, GA 31825 · 269 days listed
FMLS #7712375 · Listing Provided By Coldwell Banker Realty · 404-262-1234
Active26 days listed
1016 Nicholson, Richland, GA 31825
- 3bd
- 3ba
- 1,173SF
- 0.37ac lot
FMLS #7849025 · Listing Provided By Coldwell Banker Realty · 404-262-1234 · Listing agent Dedrick Josey
About this home
Seller Motivated To Sell! Attention investors and value-add buyers! This historic 3-bedroom, 3-bath home offers approximately 1,773 square feet of living space on a corner lot in the heart of Richland, Georgia. Originally built in 1925, the property features spacious rooms, a large front porch and a detached outbuilding for additional storage or potential utility. The home sits on approximately 0.37 acres. With its solid footprint, vintage character, and strong rental or resale potential, this property presents an excellent opportunity for investors seeking to expand their portfolio in a growing Southwest Georgia market. The corner-lot location provides added visibility and accessibility, while the home's generous layout creates multiple options for renovation and value enhancement. Whether you're looking for a long-term rental, fix-and-flip project, or affordable investment property with upside potential, 1016 Nicholson Street offers the chance to acquire a sizable home at an attractive price point. Bring your vision and unlock the potential of this unique investment opportunity.
How this list price compares in Richland
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 3
- Living area
- 1,173 SF
- Lot size
- 0.37 acres
- Year built
- 1925
- Levels
- One
- Main-level bedrooms
- 3
- Parking
- Driveway
- Style
- French Provincial
- Construction
- Wood Siding
- Roof
- Composition
- Flooring
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s)
- Appliances
- Other
- Lot
- Back Yard, Corner Lot
- HOA
- No
- Annual tax
- $1,000 (2025)
- County
- Stewart
Assigned schools
- HighStewart County
- MiddleStewart County
- ElementaryStewart County
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $47,999 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$523/mo
- Principal and interest
- $297
- Property tax
- $83
- Home insurance
- $125
- Mortgage insurance
- $18
- HOA dues
- $0
- Loan amount
- $43,199
- Cash down
- $4,800
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
Similar homes for sale in Richland
Active
Active$113,000
3 bd1 ba1,824 SFSingle-family home
14 Walker Street
Richland, GA 31825 · 64 days listed
FMLS #7827599 · Listing Provided By Coldwell Banker Realty · 404-262-1234
Beyond homes
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Investor research and tools
- Georgia multifamily cap ratesMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- net operating income explainedHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- apartment building DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- how to finance an apartment buildingConventional, DSCR, bank, agency, bridge and seller financing for apartment and commercial buildings.
- NOI and cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- rental property cash flow calculatorRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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