$517,000
$500,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 03/11/2022
Key Details
Sold Price $517,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Lenox Place
MLS Listing ID 6999740
Sold Date 03/11/22
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $11,747
Tax Year 2021
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Rare historic Decatur Quad( all full 1 bedrooms) in amazing location a short walk to Downtown Decatur Amenities, Oakhurst, & East Lake MARTA rail. Tenants love the amazing city location, front porch, central neighborhood location and the historic feel of an old circa 1920 building. Lots of room to make improvements and raise rents SUBSTANTIALLY. All tenants are month to month. Units 1 and 2 on the main floor feature high ceiling, heart pine floors and historical charm. Upstairs units 3 and 4 both have a separate bedroom and a small bonus room. Each unit has separate gas and power meters. Water and Hot water are common and presently provided by the owner. There is central heat in all units and central AC in 3 of 4 units. Building needs total renovation and has substantial deferred maintenance plus several structural issues(agent can provide limited inspection report). Buyer should be must be a seasoned investor /renovator. SOLD AS IS. NO REPAIRS! NO SITE UNSEEN OFFERS!
Location
State GA
County Dekalb
Lake Name None
Interior
Heating Central, Electric, Forced Air, Natural Gas
Cooling Central Air, Separate Meters, Window Unit(s)
Flooring Carpet, Hardwood, Laminate
Window Features None
Exterior
Garage None
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Parking Type None
Building
Lot Description Level
Story One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Structure Type Asbestos
New Construction No
Construction Status Fixer
Schools
Elementary Schools Westchester/Fifth Avenue
Middle Schools Renfroe
High Schools Decatur
Others
Senior Community no
Tax ID 15 236 04 035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Broker | License ID: 303073
youragentkesha@legacysouthreg.com
240 Corporate Center Dr, Ste F, Stockbridge, GA, 30281, United States