$500,000
$597,000
16.2%For more information regarding the value of a property, please contact us for a free consultation.
0.4 Acres Lot
SOLD DATE : 06/26/2023
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Na
MLS Listing ID 7166859
Sold Date 06/26/23
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1964
Annual Tax Amount $6,323
Tax Year 2022
Lot Size 0.400 Acres
Acres 0.4
Property Description
Great opportunity to buy an asset that will easily cashflow and appreciate in today's market. 4 units, all 2/1 with their own private yards. 3 units rent for $1200, one unit on month to month rents for $897. That’s a total of $4,497 a month. Are you a new investor who wants to live in one of your units and rent the others out? Then this is for you! Ask me how I know. Are you a fix and flipper who wants to have a property that needs light renovations and can then be resold? This is for you! Ask me how I know. Are you a home owner that wants your rental properties to pay for your mortgage and living expenses? This is for you! Ask me how I know. Are you a first time home buyer that is single yet was approved for the asking price? This is for you! Ask me how I know. Are you a large family that needs a compound to live on? This is for you! Are you a wholesaler doing their first deal? This is not for you! Try me. Are you an investor who does not understand the income approach to appraisal? This is not for you! Are you a tire kicker? This is not for you! Are you going to negotiate as if the property is vacant and boarded up just to nickel and dime for a slightly better deal? This is not for you! Try me. Are you going to make an offer without having a legitimate financing strategy in place? This deal is not for you! Are you going to make a personal offer to the owner to get around the terms and conditions of the sale? This deal is not for you! Do you want a great deal at a fair price? This deal is for you! Do you want a fair deal at a great price? This deal is not for you!
Location
State GA
County Dekalb
Lake Name None
Interior
Heating Central, Electric, Forced Air, Separate Meters
Cooling Central Air, Separate Meters
Flooring Carpet, Ceramic Tile
Window Features None
Exterior
Garage Detached, Paved
Fence Back Yard, Stone, Wood
Community Features Near Marta, Near Shopping, Near Trails/Greenway, Public Transportation, Restaurant, Sidewalks
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Other
Roof Type Ridge Vents, Shingle
Accessibility Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Central Living Area, Customized Wheelchair Accessible
Handicap Access Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer, Central Living Area, Customized Wheelchair Accessible
Total Parking Spaces 8
Private Pool false
Building
Lot Description Corner Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block, Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Stoneview
Middle Schools Lithonia
High Schools Lithonia
Others
Senior Community no
Tax ID 16 152 06 001
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with Neighborhood Assistance Corp.
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