$1,250,000

Property Description

Quadruplex located in the city of Decatur in the walkable neighborhood of Oakhurst. All 4 units have been renovated with high end appliances, upgraded bathrooms, original hardwood floors and high-end washer/dryers. All units are 2 BR/1BA with 780 sqft/unit. Total sqft: 3,120. Annual Gross rents of $81,760. Expenses $26,797. Net Operating Income, $54,963/yr, with Excellent Appreciation potential. Upgrades include: all water and sewer lines replaced, electrical rewired, tankless water heaters, 7 year old HVAC units, and 3 year old roof. All units are currently rented and low vacancy rates. There are many possibilities for this gem such as possibly building something else on the back of the property, or short-term rentals.
Courtesy of Keller Williams Realty Atlanta North

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Alex Norkus

(904) 280-3000
Keller Williams Jacksonville Realty