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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Quadruplex
MLS Listing ID 10582975
Year Built 1970
Annual Tax Amount $9,064
Tax Year 2024
Lot Size 435 Sqft
Property Sub-Type Multi Family,Quadruplex
Property Description
**Investor Opportunity - 4-Sided Brick Quad in Prime In-Town Location** Discover a solid income-producing asset at 688 Waverly, Building H - a well-maintained, 4-sided brick quad featuring four 2-bedroom, 1-bath units. One unit is currently occupied at $950/month (well below market rent), while the remaining three have been updated and are ready to lease at market rates. Financials listed are proforma numbers based off the current advertising for lease on the recently remodeled units, this property offers strong upside potential. Whether you're an experienced investor looking to expand your portfolio or a first-time investor seeking to live in one unit and rent out the others, this is a perfect opportunity to build equity and generate steady cash flow. Enjoy the convenience of an in-town location, proximity to amenities, and the long-term value of brick construction. Don't miss this chance to secure a great asset and grow your net worth. Property manager is currently in place and can stay or new owner can self manage. Property consists of 4 Parcel ID's
Location
State GA
County Dekalb
Interior
Heating Electric, Heat Pump
Cooling Central Air
Exterior
Parking Features None
Garage Spaces 8.0
Community Features Near Public Transport, Walk To Schools, Near Shopping
Utilities Available Other
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Other
New Construction No
Schools
Elementary Schools Indian Creek
Middle Schools Freedom
High Schools Clarkston
Others
Special Listing Condition Resale
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