416 Wall, Monroe, GA 30655 – 20079487 - Danesha Ritzberg

$1,600,000

$1,680,000

4.8%

Est.Price: ?

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Est. payment -/mo

66,480 SqFt

SOLD DATE : 12/20/2022

Key Details

Sold Price $1,600,000

Property Type Other Types

Listing Status Sold

Purchase Type For Sale

Square Footage 66,480 sqft

Price per Sqft $24

MLS Listing ID 20079487

Sold Date 12/20/22

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1987

Annual Tax Amount $247,600

Tax Year 2022

Lot Size 1.530 Acres

Acres 1.53

Lot Dimensions 1.53

Property Description

The Wall Street Apartments comprise 14 units on 1.53 acres. There are 6 buildings which are all brick on a concrete slab. There are six 2/1 units and eight 3/1 units. The property has been owned by one family entity since 2006. Multiple tenants remain from the original purchase date. These units rent very quickly when one comes available. There is considerable room to increase revenue at current rental rates. Existing Downtown Monroe is thriving. New homes are beginning to be built in the area at strong market rates.

Location

State GA

County Walton

Zoning R1A

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Vinyl

Fireplace No

Exterior

Parking Features Paved, Parking Lot

Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Phone Available, Water Available

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Lot Description Corner Lot, City Lot

Faces From Downtown Monroe: S on Broad St (HWY 11,) Left on Church St, Right on Wall St. The Wall Street Apartments front on Davis, Wall and New Lacy Street and will be on your right.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No