$450,000
$450,000
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0.8 Acres Lot
SOLD DATE : 01/05/2021
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision White Oak Hills
MLS Listing ID 6818606
Sold Date 01/05/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1968
Annual Tax Amount $3,712
Tax Year 2020
Lot Size 0.800 Acres
Acres 0.8
Property Description
All brick Quad with 3 of 4 units occupied. 2 duplexes with with shared driveway and parking lot being sold as a quadraplex. 2 parking spots per unit. Some minor repairs needed. Instant income with opportunity to increase rental income by 52%+ at market rent. Two of the units are on m2m leases after being good tenants for more than 12 months. One unit just leased in June for 12 months at $1200/month. Due Diligence package available upon request and receipt of serious offer and Proof of Funds. No Sign. Please do not disturb tenants. Appointment Required. Serious Investors only please. We will provide all current leases and operating statements up receipt of a Proof of Funds or Lender Pre-Approval Letter. One of the units needs minor repairs, updates have been done to all units and property is in very good condition. The opportunity here is to get instant income upon closing on the property and by bringing rents up to a market rate of $1200/month per unit or more, there is huge upside potential.
Location
State GA
County Dekalb
Area 52 - Dekalb-West
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features Insulated Windows
Exterior
Garage Parking Lot, Paved
Fence None
Community Features Near Trails/Greenway, Park, Playground
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Parking Type Parking Lot, Paved
Total Parking Spaces 8
Building
Lot Description Wooded
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Peachcrest
Middle Schools Mary Mcleod Bethune
High Schools Towers
Others
Senior Community no
Tax ID 15 183 22 035
Special Listing Condition None
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