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1652 Cannonball Court

$849,999

1652 Cannonball Court, Lawrenceville, GA 30044

Active
Last Updated: 08/19/2024

7.5

Cap Rate

4

Units

Details:
Cap Rate:    7.5%
Units:    4
Year Built:    1985
Parking Spots:    9
Highlights:
  • Lot Features: Corner Lot, Level, Wooded
  • Gross Income: 72000
  • Bathrooms Total: 0
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Forced Air, Zoned
  • Flooring: Carpet, Ceramic Tile, Vinyl, Other
  • Construction Materials: Stone, Vinyl Siding, Other
  • Parking Features: Driveway, Level Driveway, Parking Lot, Paved
  • Accessibility Features: None
  • Security Features: None
Description:

Calling all investors! Discover this exceptional 4-unit property situated on a large corner lot in a prime location. Each unit features 2 bedrooms and 2.5 bathrooms, offering spacious and comfortable living arrangements. All units have recently been updated with new appliances and new flooring, enhancing their appeal and value. Just 5 minutes away from Sugarloaf Mills shopping center and a mere 10 minutes from the highly sought-after, revitalized Downtown Lawrenceville, this property is perfectly positioned for high rental demand and long-term appreciation. Each unit comes equipped with a washer and dryer, stainless steel appliances, and a gas stove in a spacious kitchen with ample cabinet and counter space. The kitchen also features a window over the sink and updated light fixtures. The living rooms offer great natural light, and a convenient half bath on the main level, and the end units boast beautiful fireplaces. Upstairs, the two primary suites are ideal for roommates, each fitted with a full bathroom, newly updated vanity, and soaking tub. The spacious bedrooms are filled with natural light. The property's exterior is equally impressive, with a stone front and vinyl siding that looks great. Situated on nearly an acre of land, the expansive corner lot provides ample outdoor space, enhancing the outdoor living experience for tenants. This is an incredible investment opportunity with significant income potential! COMPLIMENTARY HOME WARRANTY INCLUDED.

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