1482 Waverly Way
Monroe, GA 30656
2.00 acres | #7395175
Description
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.
Property Details
- ViewOther
- Lot DescriptionLevel
Measurements
- Acres2
Parking
- Parking FeaturesPaved, Parking Lot
Construction Details
- Property TypePurchase
Condition
- Year Built1973
Utilities / Energy Details
- Sewer InformationPublic Sewer
- Utility SourcePublic
- Utility FeaturesOther
Community and Neighborhood Details
- SubdivisionGreen Acres
Location
- Elementary SchoolWalker Park
- High SchoolMonroe Area
- CountyWalton - GA
- Middle SchoolCarver
Financial Details
- Original List Price$2,400,000
- Taxes Annual$12,600
Other
- MLS #7395175
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Aziz Izmour (#AIZMOUR)
Listing Office: Compass (#COPS01)
Listing Courtesy (Buyer)
Buyer's Agent: Pat Burke (#PATBURKE)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
