Bought with Zak Elfenbein • Engel & Volkers Atlanta
$372,000
$400,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
0.67 Acres Lot
SOLD DATE : 11/22/2022
Key Details
Sold Price $372,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Subdivision River Pointe
MLS Listing ID 10089748
Sold Date 11/22/22
Construction Status Resale
HOA Y/N Yes
Year Built 1980
Annual Tax Amount $3,635
Tax Year 2021
Lot Size 0.670 Acres
Property Description
Attention investors! Hard-to-find Parkview High School district, tenant-occupied duplex is available. Owner is willing to finance for 5 years, 20% down, at 7%, with a balloon payment after. Both units are currently paying on time with 4200 on month-to-month lease and 4202 lease end 10/31/22, with a 30-day notice clause. Top rated school district and convenient location make this an ideal location for investors. Each unit has 2 bedrooms, 1 full and 1 half bath. Tenants are current on rent! Unit 4200 has carpet and vinyl throughout the main areas . A white range, white dishwasher, and stainless steel refrigerator are in place in the kitchen. Water heater year is 2004 and HVAC is 2005. Unit 4202 HVAC is older but working well and the water heater is 2019, and has new luxury vinyl plank flooring throughout. Kitchen features new white shaker cabinets and newer stainless steel range, dishwasher, and refrigerator. Cozy fireplace is the living room. Baths have new white shaker vanities. Units are well maintained. So many strategies with this property-buy and hold, fix it up and bring it to market value, etc! DO NOT DISTURB TENANTS, PLEASE! Showing only during due diligence. Take advantage of the flourishing rental market and add this investment duplex to your portfolio. Close to highways, shopping, and restaurants.
Location
State GA
County Gwinnett
Rooms
Basement None
Interior
Heating Central, Forced Air
Cooling Central Air
Fireplaces Number 1
Exterior
Garage Detached
Community Features None
Utilities Available Electricity Individual Meters, Gas Individual Meters, Water Individual Meters
Building
Story One
Sewer Septic Tank
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Knight
Middle Schools Trickum
High Schools Parkview
Others
Financing Other
Special Listing Condition As Is, Investor Owned, No Disclosure
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States