Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
N/A
This well-maintained 16-unit property, just minutes from downtown Monroe, presents a lucrative investment opportunity. It comprises 12 two-bedroom, one-bath units with market rent values at $1,300 each and 4 one-bedroom, one-bath units with market rent values at $1,100 each, potentially generating a total annual rental income of $240,000. Recent updates include new roofs, HVAC units, tankless water heaters, flooring, and windows, ensuring low maintenance costs. Each building features washer/dryer connections, and there are additional storage units available for rent, providing potential for extra income. The property's prime location is convenient to Walton Piedmont Hospital, making it ideal for traveling nurses, and is close to the Facebook Data Center, Athens, Loganville, and within a 45-minute drive to Atlanta. This combination of updated amenities and strategic location makes the property highly attractive to tenants, ensuring consistent occupancy and strong revenue potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Paved, Parking Lot
-
Pool
No
-
View
Other
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
2.0
-
Property Type
Residential Income
Price
-
Sales Price
$2,150,000
-
Tax Amount
12600.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Walker Park
-
Middle School
Carver
-
High School
Monroe Area
Property Features
-
Stories
1
-
Sewer
Public Sewer
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Location
County
Walton
Elementary School
Walker Park
Middle School
Carver
High School
Monroe Area
Listing Courtesy of Aziz Izmour , Compass Georgia, LLC
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