1154 Olivet Drive, Buford, GA 30518

$560,000
  • 1154 Olivet Drive, Buford, GA 30518 Main Photo

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Active
BEDS0 BATHS MLS#10852334
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWalden Park NEIGHBORHOODBuford

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! ***

1154 Olivet Drive | MLS# 10852334

This multi-family property located at 1154 Olivet Drive, Buford, GA 30518 is currently listed for sale with an asking price of $560,000. Search Buford real estate on www.adarorealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 6
Heating: Central, Electric, Hot Water
Lot Size: 0.50 Acres
Stories: 2.0
Taxes: $4,664
Year Built: 1960

Feature Descriptions

Amenities: Street Lights, Near Public Transport, Near Shopping
Days on Site: 27
Exterior: Brick
Foundation: Slab
Parking Notes: Assigned, Basement, Parking Pad
Sewer: Public Sewer
Units: 3
Utilities: Electricity Individual Meters, Sewer Connected, Water Individual Meters
Water: Public

Local Schools

High School: Central
Middle School: Lanier
Elementary School: Sycamore

Listed By / Shown By

Listed By

Agency Name: International Real Estate Dream
Agency Phone: 678-800-8871

IDX logo

Source: GAMLS

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Estimated Payment

$ 1,798.32 per month $1,246.32 Principal & Interest $388.67 Property Tax $163.33 Homeowner's Insurance

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