• Asking Price $2,150,000
  • Estimated Value: $153,959

  • 1482 WAVERLY WAY MONROE, GA 30656

  • Townhouse or Condo / Resale (MLS)
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Property Details for 1482 WAVERLY WAY, MONROE, GA 30656

Features

  • Lot Size: 20038 sq. ft.
  • Total Units: 4
  • Roof Type: Shingle (Not Wood)
  • Heating: Central Furnace
  • Construction Type: Wood
  • Exterior Walls: Masonry

Facts

  • Year Built: 01/01/1973
  • Property ID: 887080066
  • MLS Number: 10309067
  • Parcel Number: N090B-014
  • Property Type: Townhouse or Condo
  • County: WALTON
  • Legal Description: #3J GREEN ACRES .46AC
  • Zoning: R1
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: Compass 3107 Peachtree Road NE Ste A-1 Atlanta GA 30305
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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