1594 Line Circle, Decatur, GA

$575,000

Price

8%

Cap Rate

$45,620

NOI

Overview
Cap Rate
8%
NOI
$45,620
Units
4
Year Built
1961
Parking Spots
4
Description

ATTENTION INVESTORS, Rare opportunity to own a 100% occupied and renovated, 4-sided brick quadruplex located in HOT Belvedere Park! Each unit is finished with hardwood flooring, tile in kitchen and baths, new paint, refinished hardwoods, new lighting, new fixtures, hardware, windows. 4 new kitchens with new white shaker cabinets, granite countertops, new sink, faucet, and stainless-steel appliances. All new PVC piping throughout, new toilets and updated bath fixtures. New roof, gutters, eaves, 4 new HVAC units, 4 new condensers, 4 new water heaters. Separate meters. All electric units. Unit #2 ($1275) is the newest month to month lease signed and there is a cash flow increasing potential of raising the other units up to market rent. We are accepting highest and best offers by Monday, October 24th by 11:59pm

Highlights
  • Lot Features: Private
  • Gross Income: 49020
  • Bathrooms Total: 0
  • Cooling: Central Air
  • Heating: Electric, Hot Water, Other
  • Flooring: Other
  • Construction Materials: Other
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Bedroom, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Kitchen Appliances
  • Security Features: None
  • Buyer Agency Compensation: 2

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Location
Gallery