Viewing Listing MLS# 7322231
Decatur, GA 30030
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1957Year Built
- 0.30Acres
- MLS# 7322231
- Multifamily
- Quadruplex
- Active
- Approx Time on Market3 months, 19 days
- AreaN/A
- CountyDekalb - GA
- SubdivisionOakhurst
Overview
Quadruplex located in the city of Decatur in the walkable neighborhood of Oakhurst. All 4 units have been renovated with high end appliances, upgraded bathrooms, original hardwood floors and high-end washer/dryers. All units are 2 BR/1BA with 780 sqft/unit. Total sqft: 3,120. Annual Gross rents of $81,760. Expenses $26,797. Net Operating Income, $54,963/yr, with Excellent Appreciation potential. Upgrades include: all water and sewer lines replaced, electrical rewired, tankless water heaters, 7 year old HVAC units, and 3 year old roof. All units are currently rented and low vacancy rates. There are many possibilities for this gem such as possibly building something else on the back of the property, or short-term rentals.
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 4
Exterior Features
Fence: None
Pool Private: No
County: Dekalb - GA
Acres: 0.30
Financial
Original Price: $1,250,000
Operating Expense: 26797
Net Operating Income: 54,963
Owner Financing: Yes
Gross Income: 81,760
Garage / Parking
Parking Features: Level Driveway
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: Two
Lot Info
Lot Size Source: Public Records
Lot Features: Sloped
Lot Size: x
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,957
Property Condition: Resale
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 18187
Tax Year: 2,023
Tax Parcel Letter: 15-204-02-010
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Forced Air
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
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