$370,000
$420,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 02/28/2020
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Spalding Bridge
MLS Listing ID 6681593
Sold Date 02/28/20
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1982
Annual Tax Amount $4,815
Tax Year 2018
Lot Size 0.410 Acres
Acres 0.41
Property Description
Hard to find quadralex in desirable location. Centrally located off Holcomb Bridge Rd. Convenient to Peachtree Industrial Blvd., I-85 and I-285. All units a 2 beds, 2.5 baths with washer/dryer hookup, central HVAC, fireplace, dishwashers in each unit. On site parking with 2 spaces per unit. Perfect roommate floor plan. Owner can easily live in one unit and rent out remaining three. All units are tenant occupied with month to month lease. All tenants have been in place for 10+ years. Current rent amount is well below market with similar units renting for $800-$950, so you can easily increase your cash flow. This place literally runs itself! All systems are fully functional. New water heaters. Roof is four years old. Qualifies for FHA or VA financing. Veterans- this is a great way to fund your retirement or kid's college fund. Excellent for 1031 Exchange. Please do not disturb the tenants. You can walk around the property. The inside can be walked during inspection once a binding contract is in place.
Location
State GA
County Gwinnett
Area 61 - Gwinnett County
Lake Name None
Interior
Heating Central, Natural Gas
Cooling Central Air
Window Features None
Exterior
Garage Parking Lot
Fence None
Community Features Near Schools, Near Shopping, Public Transportation, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Parking Type Parking Lot
Building
Lot Description Corner Lot, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Peachtree
Middle Schools Pinckneyville
High Schools Norcross
Others
Senior Community no
Tax ID R6305 039
Special Listing Condition None
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Bought with Non FMLS Member
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CEO | DRE# SA695240000 | DRE# 02100184