$425,000
$425,000
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0.58 Acres Lot
SOLD DATE : 10/25/2024
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Riverpoint
MLS Listing ID 7424754
Sold Date 10/25/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 2004
Annual Tax Amount $5,807
Tax Year 2023
Lot Size 0.580 Acres
Acres 0.58
Property Description
Prime Location! Income-Generating Duplex in PARKVIEW/TRICKUM School District. Investor Opportunity! Unit 140 and Unit 142. This beautifully renovated Duplex offers an excellent investment in a highly sought-after location. Each unit features 2 bedrooms and 2 baths, all conveniently located on the main floor. The units boast a spacious living room, kitchen, and a separate dining room, providing ample space for comfortable living. This property is currently income-producing with a long-term tenant in place. Please respect the tenant's privacy - no showings until an accepted offer. Photos provided are of the unit occupied by the owner and Tenants. Both Tenants are Veterans and have kepts the units in great condition. Leases are in place and available on request. Recent upgrades include: Newer Paint (2021). Newer floors (2022). Newer Water Heaters (2019). New Gutters (2021). New Plumbing Lines (2022). New HVAC (2024). Both units are move-in ready, making this an ideal hassle-free investment. Showings will be conducted during the due diligence period. The local rental market supports rents of $1400-$1500 per unit, ensuring strong potential returns. Current Rents are $1300 for each Unit, well below market.
Don't miss this prime investment opportunity in a top school district!
Location
State GA
County Gwinnett
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Hardwood
Window Features Double Pane Windows
Exterior
Garage Driveway
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
Waterfront Description None
View Other
Roof Type Composition,Shingle
Accessibility None
Handicap Access None
Parking Type Driveway
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story One
Sewer Septic Tank
Water Private
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Knight
Middle Schools Trickum
High Schools Parkview
Others
Senior Community no
Tax ID R6125 205
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with JL Realty Atlanta, LLC
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