$790,000 9 BD

Property Description

Multi-Generation Property or a Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2050 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 ( tenant would like to stay). The entire property has a new architectural roof - 4 years, fence, tons of parking space (at least 10 spots). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Total annual income: $65,400. The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a great income producer in an excellent condition, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.

Property Features

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  •  1.23
  •  None
  •  No
  •  Walk To Shopping
  •  Satellite Dish
  •  Lilburn
  •  1823.00
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Water Available
  •  Septic Tank
  •  Public
  • Exterior Features

  •  No Common Walls
  •  Garden
    • Fenced
    • Back Yard
  •  Private
  •  Parking Pad
  •  Composition
  •  Single Family Residence
  •  Residential
  • Interior Features

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  •  Seats 12+
  •  220 Volts
    • Family Room
    • Factory Built
    • Gas Log
    • Dryer
    • Washer
    • Dishwasher
    • Microwave
    • Refrigerator
  •  Hardwood
    • Ceiling Fan(s)
    • Central Air
  •  Central
    • Bookcases
    • Double Vanity
    • Walk-In Closet(s)
    • In-Law Floorplan
    • Master On Main Level
    • Split Bedroom Plan
  • School Information

    • Berkmar
    • 01
    • Berkmar
    Courtesy of Chapman Hall Realtors

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    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    1212 Harbins Road
    Norcross, 30093

    $790,000
    9 Beds / 4 Bath
    Sq. Feet
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    1212 Harbins Road
    Norcross, 30093

    $790,000
    9 Beds / 4 Bath
    Sq. Feet
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