1594 Line Circle  • Decatur , Georgia 

Listing ID: 7104672
Sold For: $518,000
Status: Closed
Sold Date: 12/02/2022
Address: 1594 Line Circle
City: Decatur
State: Georgia
Postal Code: 30032
Acres: 0.200
County: Dekalb - GA
Subdivision: Belvedere Park
Decatur
GA
30032
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

Primary Features

County: Dekalb - GA
Property Sub Type: Quadruplex
Property Type: Residential Income
Subdivision: Belvedere Park
Year Built: 1961

Interior

Cooling: Central Air
Flooring: Other
Furnished: Unfurnished
Heating: Electric, Hot Water, Other
Levels: Two
Room Basement Level: Basement

External

Construction Materials: Other
Dock: None
Fencing: None
Lot Features: Private
Lot Size Source: Public Records
Number Of Units Total: 4
Parking Features: Parking Lot
Parking Total: 4
Property Attached: no
Roof: Other
Sewer: Public Sewer
Utilities: Electricity Available, Water Available, Other
Water Body Name: None
Water Source: Public
Window Features: Insulated Windows

Location

Community Features: None
Directions: GPS Friendly.
District: 4
Elementary School: Peachcrest
Elementary School Bus Route: no
High School: Towers
High School Bus Route: no
Middle School: Mary McLeod Bethune
Middle School Bus Route: no
Remine Access Code: 2
View: Other
Waterfront Features: None

Additional

Accessibility Features: Accessible Bedroom, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Kitchen Appliances
Assumable: no
Buyer Office Name: PalmerHouse Properties
Buyer Office Phone: 404-876-4901
Green Energy Efficient: None
Green Energy Generation: None
Mls Property Type: Residential Income
Mls Status: Closed
Owner Second: no
Property Condition: Resale
Remine Modified DT: 2022-08-29T08:02:47+00:00
Special Circumstances: Investor Owned
Unit Count: 4

Financial

Cap Rate: 8
Current Price: 518000
Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=FMLS&listing_id=7104672& show_results=true&skip_sso=true
Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/FMLS/7104672?w=PubMLS
Gross Income: 49020
Listing Terms: Other
Net Operating Income: 45620
Operating Expense: 3400
Owner Financing: no
Special Listing Conditions: None
Tax Annual Amount: 5360
Tax Year: 2021

Zoning Info


Listing Provided Courtesy of Berkshire Hathaway Homeservices Georgia Properties. Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. The offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc. Data last updated Thursday, March 28th, 2024.
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Listed By: Berkshire Hathaway Homeservices Georgia Properties

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