$278,750
$310,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
0.48 Acres Lot
SOLD DATE : 08/21/2024
Key Details
Sold Price $278,750
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Na
MLS Listing ID 7418074
Sold Date 08/21/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1973
Annual Tax Amount $1,003
Tax Year 2023
Lot Size 0.480 Acres
Acres 0.48
Property Description
Quadruplex in Rockmart. 2 bedrooms, 1 bath and individual laundry hookups in each unit, approx 810sq ft. 2 units are rented for $775/mo and 2 are for $600 and could be raised to match market (both of those tenants have been there a while). All units have had varying degrees of remodeling in the past few years. Including central HVAC which was installed in all units in the past 2 years. This investment already has a property manager in place so an easy turn key investment if you choose to keep them. Total gross rent is 2750/mo, tenants pay all utilities. The $600/month units are month to month so would be able to raise rent.
Additional lot behind the building is included with the sale (0.22 acres). Inspection only available during due diligence.
Location
State GA
County Polk
Lake Name None
Interior
Heating Central, Electric
Cooling Central Air
Window Features None
Exterior
Garage Driveway
Fence None
Community Features None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Other
Roof Type Metal
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Corner Lot
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides,Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Van Wert
Middle Schools Rockmart
High Schools Rockmart
Others
Senior Community no
Tax ID R15 045
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition Real Estate Owned
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650 Ponce De Leon Avenue Northeast, Atlanta, Georgia, 30308, USA