1523 Oakview Road, Decatur, GA 30030

Decatur
Local realty services provided by:ERA Towne Square Realty, Inc.
1523 Oakview Road,Decatur, GA 30030
$1,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lisa wrenn
Office: keller williams realty atl north
MLS#:7322231
Source:FIRSTMLS

Price summary

  • Price:$1,250,000

About this home

Quadruplex located in the city of Decatur in the walkable neighborhood of Oakhurst. All 4 units have been renovated with high end appliances, upgraded bathrooms, original hardwood floors and high-end washer/dryers. All units are 2 BR/1BA with 780 sqft/unit. Total sqft: 3,120. Annual Gross rents of $81,760. Expenses $26,797. Net Operating Income, $54,963/yr, with Excellent Appreciation potential. Upgrades include: all water and sewer lines replaced, electrical rewired, tankless water heaters, 7 year old HVAC units, and 3 year old roof. All units are currently rented and low vacancy rates. There are many possibilities for this gem such as possibly building something else on the back of the property, or short-term rentals.

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Home facts

  • Year built:1957
  • Listing ID #:7322231
  • Updated:February 22, 2024 at 02:16 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1957
  • Lot area:0.3 Acres
  • Lot Features:Sloped
  • Construction Materials:Brick 4 Sides
  • Levels:2 Story

Schools

  • High school:Decatur
  • Middle school:Beacon Hill
  • Elementary school:Oakhurst/Fifth Avenue

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$18,187 (2023)

Parking

  • Parking description:Level Driveway
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