0.26 Acres Lot
0.26 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 7778640
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $6,397
Tax Year 2025
Lot Size 0.265 Acres
Acres 0.2646
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
The property consists of four 2-bedroom, 1-bathroom units, including two upstairs units featuring original hardwood floors. The property is currently vacant, allowing immediate access for renovations and repositioning without tenant disruption. All units require full renovation, creating the opportunity to significantly increase rental income and overall asset value.
A major capital improvement has already been completed with a new roof installed in 2024. Each unit is separately metered for gas and electricity, while the building is currently serviced by two water meters. Adding two additional water meters during renovation is recommended to further increase NOI and operational efficiency.
Located on the bus line with convenient access to I-20, this property is positioned in an area experiencing strong redevelopment, retail expansion, and increasing rental demand. A member of the corporate holding entity holds a Georgia Salesperson License.
Location
State GA
County Dekalb
Area None
Lake Name None
Interior
Heating Heat Pump, Natural Gas
Cooling Window Unit(s)
Window Features Double Pane Windows
Exterior
Parking Features Parking Lot
Fence Chain Link
Community Features Near Public Transport, Sidewalks, Street Lights
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Water Available, Other
Waterfront Description None
View Y/N Yes
View Other
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Other
Story One
Sewer Public Sewer, Septic Tank
Water Public
Level or Stories One
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Toney
Middle Schools Mcnair - Dekalb
High Schools Columbia
Others
Senior Community no
Tax ID 15 151 09 045
Nearby Locations