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Jordan Gallup

[email protected] +1(904) 760-9393

$ 2,150,000

Est. payment -/mo

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Active Under Contract

1482 Waverly Monroe, GA 30656

2 Acres Lot

UPDATED:

09/11/2024 07:13 PM

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Green Acres

MLS Listing ID 10309067

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1973

Annual Tax Amount $12,600

Tax Year 2023

Lot Size 2.000 Acres

Acres 2.0

Lot Dimensions 2

Property Description

This well-maintained 16-unit property, just minutes from downtown Monroe, presents a lucrative investment opportunity. It comprises 12 two-bedroom, one-bath units with market rent values at $1,300 each and 4 one-bedroom, one-bath units with market rent values at $1,100 each, potentially generating a total annual rental income of $240,000. Recent updates include new roofs, HVAC units, tankless water heaters, flooring, and windows, ensuring low maintenance costs. Each building features washer/dryer connections, and there are additional storage units available for rent, providing potential for extra income. The property's prime location is convenient to Walton Piedmont Hospital, making it ideal for traveling nurses, and is close to the Facebook Data Center, Athens, Loganville, and within a 45-minute drive to Atlanta. This combination of updated amenities and strategic location makes the property highly attractive to tenants, ensuring consistent occupancy and strong revenue potential.

Location

State GA

County Walton

Rooms

Basement None

Interior

Heating Central, Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS friendly.

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Walker Park

Middle Schools Carver

High Schools Monroe Area

Others

HOA Fee Include None

Tax ID N090B014

Special Listing Condition Resale

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

Jordan Gallup

1482 Waverly Monroe, GA 30656

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1482 Waverly