UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Belvedere Park
MLS Listing ID 7763237
Construction Status Resale
HOA Y/N No
Year Built 1961
Annual Tax Amount $6,860
Tax Year 2025
Lot Size 3,863 Sqft
Acres 0.0887
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
All units are currently occupied with stable rental history. Two units have been updated, including one unit fully renovated in 2024, featuring granite countertops and stainless steel appliances. The remaining two units offer additional upside potential through cosmetic updates and future rent growth.
Each unit features a functional 2 bedroom, 1 bathroom layout with strong rental appeal. The property includes separate electric meters for each unit and a single water meter that is currently flat billed. Current in-place rents total $4,965 per month. Stabilized rental income is projected at approximately $5,200–$5,600 per month based on market rents. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio
Location
State GA
County Dekalb
Area Belvedere Park
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Window Features None
Exterior
Parking Features Parking Lot, Paved
Fence None
Community Features Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Trees/Woods
Roof Type Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Sloped
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Peachcrest
Middle Schools Mary Mcleod Bethune
High Schools Towers
Others
Senior Community no
Tax ID 15 184 19 014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby School & Business
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Watch Realty Co
WATSON REALTY CO | License ID: WATSONQUIANA
WATSON REALTY CO License ID: WATSONQUIANA