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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$560,000

Est. payment - /mo

0.5 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status New

Purchase Type For Sale

Subdivision Walden Park

MLS Listing ID 10852334

HOA Y/N No

Year Built 1960

Annual Tax Amount $4,664

Tax Year 2026

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 21780

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Rare 4-sided Brick Triplex in Prime Location of Sugar Hill/Buford!!! If you are looking for a solid investment property, look no further!!! The multiple units will generate a solid monthly income in the growing and popular area of Sugar Hill. This property is in walking distance of the Sugar Hill outdoor venue, restaurants and theaters. It is also close to Lake Lanier and within Great schools district, making this a sought-after location for families. Major developments nearby have broken ground include Northside Hospital down the street. All residents of Sugar Hill have free access to the gym at the E-Center in downtown. *** ONLY UNIT C CAN BE SHOWN. UNITS A AND B ARE ONLY SHOWN DURING DUE DILIGENCE. DO NOT DISTURB TENANTS! *** **** Excellent Cap Rate at 8.9%!!!**** This nicely renovated property features three units and tons of upgrades. You can Move in the vacant unit and collect rents from the other 2 units from day 1 or Collect rents at $4650 every month! All units are updated and tenants have yearly leases and security deposits. The two upstairs units have two bedrooms and one bath each. The third unit downstairs features 3 bedrooms and 2 bathrooms. All units feature nice-sized living rooms, updated luxury vinyl planks, updated bathrooms, laundry areas, and well-equipped kitchens. Whole house exterior was recently painted, new gutters, new driveway where each unit has 2+ parking spots. Nice sized backyard for all residents!! All Units are all electric, no gas so save a lot on utilities for tenants. - Units B & C have upgraded electrical panel. Rents include power and water for these 2 units. *** ONLY UNIT C CAN BE SHOWN. Entrance is from the back of the house!!*** Use Code provided. ***Push lever up to Open*** UNITS A AND B ARE SHOWN DURING DUE DILIGENCE ONLY. DO NOT DISTURB TENANTS! ***

Location

State GA

County Gwinnett

Rooms

Bedroom Description No

Basement Bath Finished, Daylight, Exterior Entry, Finished, Full

Interior

Heating Central, Electric, Hot Water

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace No

Exterior

Parking Features Assigned, Basement, Parking Pad

Garage Spaces 6.0

Community Features Street Lights, Near Public Transport, Near Shopping

Utilities Available Electricity Individual Meters, Sewer Connected, Water Individual Meters

View Y/N No

Total Parking Spaces 6

Garage Yes

Private Pool No

Building

Faces 85N to GA 20 (Mall of Georgia) Exit toward Buford, Cross Buford Hwy, Cross over P'tree Industrial. RT on Sycamore, RT on Olivet, property on left.

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Sycamore

Middle Schools Lanier

High Schools Central

Others

HOA Fee Include None

Tax ID R7306 084

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition Updated/Remodeled

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

1154 Olivet DR Buford, GA 30518

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1154 Olivet DR