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Lawrenceville,GA 30046
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Oglethorpe Colony
MLS Listing ID 7668814
Construction Status Resale
HOA Y/N No
Year Built 1986
Annual Tax Amount $4,760
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Calling all Investors!! FULLY OCCUPIED TWO UNIT Townhome Duplex with possible 10% Capitalization Rate, NO HOA and excellent long term tenant payment history and and/or future cash flow increase and or value add opportunities. Comprised of Two turnkey 3-Sided Brick Two-Story Townhome Units equates to roughly 2500+/-sqft, 4 well-lit spacious bedrooms, 4 full bathrooms and 2 half baths Duplex on a level lot! 10% Capitalization Rate & NO HOA make this one a great pick for institutional investors or even private buy/hold portfolio investors. Each unit comes equipped with all appliances, quality Rheem/Goodman HVAC Systems with large living areas, open concept floor plans, vinyl flooring, view to family room. Roof, HVAC System components are all newer and in good working order! Great spacious hard to find layout. Agents, please DO NOT DISTURB THE TENANTS. No showings prior to offer acceptance. You will be allowed to have due diligence once we have an accepted contract. Both units are occupied, and the Photos reflecting are in real time, so what you see is what you get! Walking distance to Downtown Lawrenceville Amenities, walking distance to public transit, Walking Distance to Schools, Super Markets and so much more! For the Savvy Occupant Landlord, Special FHA Financing Eligible, Live in one side and rent out the other side for occupied landlord opportunities to supplement your mortgage payment with rental cash flows! Close to Everything!!!
Location
State GA
County Gwinnett
Area Oglethorpe Colony
Lake Name None
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Ceramic Tile,Vinyl
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility Accessible Approach with Ramp
Handicap Access Accessible Approach with Ramp
Total Parking Spaces 9
Private Pool false
Building
Lot Description Level,Wooded
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 3 Sides,Lap Siding
Construction Status Resale
Schools
Elementary Schools Lawrenceville
Middle Schools Moore
High Schools Central Gwinnett
Others
Senior Community no
Tax ID R5116 272
Acceptable Financing Cash,Conventional,FHA,FHA 203(k),VA Loan
Listing Terms Cash,Conventional,FHA,FHA 203(k),VA Loan