$315,000
$315,000
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0.44 Acres Lot
SOLD DATE : 08/16/2021
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Forest East
MLS Listing ID 6913826
Sold Date 08/16/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1984
Annual Tax Amount $1,770
Tax Year 2020
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Duplex
Property Description
INVESTOR ALERT; all brick ranch duplex with RARE 3 bedroom 2 bath floor plan. Long term tenants, turnkey opportunity, $1025 per door (the 2 bedroom price point). Next year consider $1500 + a month based on 3 bedroom rent comps and create cash flow. 10% cap rate is realistic! GREAT AREA: new construction nearby and rapidly rising values close to new 35M Performing arts center / south lawn venue restaurants entertainment all in the historic Lawrenceville square. Do not disturb tenants, inspect during due diligence with accepted offer. Selling As IS, with great tenants.
Location
State GA
County Gwinnett
Area 61 - Gwinnett County
Lake Name None
Interior
Heating Forced Air
Cooling Central Air
Window Features None
Exterior
Parking Features Driveway
Fence Wood
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
View Other
Roof Type Other
Accessibility None
Handicap Access None
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Other
New Construction No
Construction Status Resale
Schools
Elementary Schools Winn Holt
Middle Schools Moore
High Schools Central Gwinnett
Others
Senior Community no
Tax ID R5148 246
Special Listing Condition None
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Bought with Homesmart Realty Partners
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