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493 Stone Mountain Street

$769,000

493 Stone Mountain Street, Lawrenceville, GA 30046

Active
Last Updated: 02/04/2025

6.63

Cap Rate

54,702

NOI

Details:
Cap Rate:    6.63%
NOI:    $54,702
Units:    4
Year Built:    1972
Highlights:
  • Lot Features: Level
  • Gross Income: 68100
  • Bathrooms Total: 0
  • Cooling: Ceiling Fan(s), Central Air, Other
  • Heating: Central
  • Flooring: Laminate
  • Construction Materials: Brick 4 Sides
  • Parking Features: Level Driveway, Paved
  • Accessibility Features: None
  • Security Features: None
  • Buyer Agency Compensation: 2.5
Description:

Building (S) Discover a prime investment opportunity at 493 Stone Mountain Street, Lawrenceville GA! This charming quadplex features four units, each boasting 2 bedrooms and 2 baths, with three units elegantly renovated just two years ago. Located mere moments from Downtown Lawrenceville, residents enjoy unparalleled convenience to City Green space, renowned restaurants, vibrant breweries, and a prestigious performing arts theatre. With the Lawrenceville City Police department nearby, security and peace of mind are assured.

Built to last with a classic 4-sided brick exterior and recent double insulated windows, this property combines durability with modern efficiency. Newer stainless steel appliance package. Ideal for savvy investors seeking a stable income stream, the quadplex boasts a history of high occupancy rates, making it a compelling choice for your portfolio. Don’t miss out on this exceptional opportunity to own a piece of Lawrenceville’s thriving community—schedule your showing today!

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