$740,000
$740,000
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1,742 Sqft Lot
SOLD DATE : 05/24/2024
Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Stonehaven
MLS Listing ID 7379949
Sold Date 05/24/24
Construction Status Resale
HOA Y/N No
Year Built 2005
Annual Tax Amount $5,856
Tax Year 2023
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
ATTENTION INVESTORS!! Don't miss this once-in-a-decade opportunity! This listing highlights a building along with two additional
properties, available for individual or portfolio purchase.
These sites have been extensively renovated and maintained, showcasing a range from significant updates to complete
overhauls. These buildings stand out with high occupancy rates, further driven by strong demand, highlighted by the leasing of the most
recent unit for $1,555 per month and $125 AOA Fee paid by tenants. GROWTH OPPORTUNITY: The investment appeal is significantly
enhanced by the projection of over 5,000 new jobs in the area, anticipated to materialize over the coming years. Couple that with
increased rents across multiple units and you've got all the ingredients for a successful cash flow and equity play for the future. | OWNER
OCCUPANT INVESTORS: For those interested in owner-occupant investor financing, strategic vacancies have been maintained to support
such financing options. Reach out today to learn more about this opportunity! | Recent upgrades across the properties include
comprehensive renovations of buildings 300, 1300, and 1400. Notably, buildings 1300 and 1400 have received exterior paint and
maintenance, HVAC systems, and water heaters, aligning with the portfolio's commitment to quality and comfort. Building 300, while
offered at a special price due to the absence of new HVAC systems, also benefits from these widespread improvements, including new
appliances, fresh paint, and updated flooring. Each unit offers spacious accommodation with three bedrooms and two full bathrooms,
totaling twelve bedrooms and eight bathrooms in each quadruplex. Please note that the floor plan provided is for illustrative purposes only;
actual unit layouts may vary, incorporating potential reversals or the addition of a bay window.
Location
State GA
County Bartow
Area Stonehaven
Lake Name None
Interior
Heating Central, Electric
Cooling Central Air
Flooring Laminate, Vinyl, Other
Window Features Double Pane Windows,Insulated Windows
Exterior
Parking Features Parking Lot, Paved
Fence None
Community Features Homeowners Assoc, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 6
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Resale
Schools
Elementary Schools Cloverleaf
Middle Schools Red Top
High Schools Cass
Others
Senior Community no
Tax ID 0078G 0006 016
Special Listing Condition None
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