1482 Waverly Way

Monroe, GA 30656

$2,150,000

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.

    MLS Data

  • StatusPending
  • MLS #7395175
  • TypeResidential Income

    Exterior Details

  • ConstructionBrick 4 Sides
  • Built In1973
  • StoriesArray
  • ParkingPaved, Parking Lot
  • SewerPublic Sewer
  • Lot DescriptionLevel
  • Acres2

Listing Provided Courtesy Of: Compass 404-668-6621

First Multiple Listing ServiceListings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc.

This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.

For issues regarding this website, please contact Eyesore at 678.692.8512.

Data Last updated on September 20, 2024 5:30pm


Request Information