Multi-Generation Property or a Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2050 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 ( tenant would like to stay). The entire property has a new architectural roof - 4 years, fence, tons of parking space (at least 10 spots). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Total annual income: $65,400. The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a great income producer in an excellent condition, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.
- Price:
- $790,000
- Bedrooms:
- 9
- Full Baths:
- 4
- Square Footage:
- 4,406
- Acreage:
- 1.23
- Year Built:
- 1975
- Listing ID #:
- 7093103
- Street Address:
- 1212 Harbins Rd
- City:
- Norcross
- State:
- Georgia
- Postal Code:
- 30093
- County:
- Gwinnett
- Subdivision:
- None
- Listing Status:
- Active
- Listing Type:
- Single Family Residence
K-5
1550 students
12 student/teacher
6-8
1100 students
14 student/teacher
9-12
3327 students
15 student/teacher
- Architecture Style:
- Contemporary/Modern, Ranch
- Building Condition:
- Resale
- Building Security:
- Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Type:
- Brick 4 Sides
- Exterior Features:
- Courtyard, Garden, Private Front Entry, Private Rear Entry, Private Yard
- Fireplace:
- Factory Built, Family Room, Gas Log, Great Room
- Flooring:
- Hardwood
- Green Features:
- Appliances, Hvac
- Has Handicap Features:
- Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
- Interior Features:
- Bookcases, Double Vanity, High Ceilings 10 Ft Main, Walk-In Closet(s)
- Number Of Fireplaces:
- 2
- Other Buildings:
- Carriage House, Gazebo, Guest House, Pergola, Second Residence
- Stories:
- One
- Total Building Square Footage:
- 4406
- Type Of Roof:
- Composition
- View:
- City
- Windows:
- Double Pane Windows
- Year Built:
- 1975
- Approximate Lot Size Range Source:
- Public Records
- Lot Features:
- Back Yard, Front Yard, Landscaped
- Road Frontage Type:
- City Street
- Road Type:
- Asphalt
- Community Features:
- Near Shopping, Near Trails/Greenway, Public Transportation, Restaurant
- On Market Date:
- 2022-08-02
- Originating Mls:
- Fmls Api
- Property Taxes:
- $1,823
- Tax Year:
- 2021
- Bedroom Description:
- In-Law Floorplan, Master On Main, Split Bedroom Plan
- Bedrooms On Main Level:
- 9
- Dining Room:
- Open Concept, Seats 12+
- Master Bathroom Description:
- Double Vanity, Tub/Shower Combo
- Room Description:
- Bonus Room, Exercise Room, Family Room, Game Room, Living Room, Media Room, Office, Workshop
- Fence:
- Back Yard, Fenced
- Parking Description:
- Driveway, Level Driveway, Parking Pad
- Parking Spaces:
- 8
- Patio Description:
- Front Porch, Patio
- Appliances:
- Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
- Cooling System:
- Ceiling Fan(s), Central Air
- Electricity:
- 110 Volts, 220 Volts
- Existing Water:
- Public
- Heating:
- Central
- Laundry:
- Laundry Room, Main Level
- Sewage Type:
- Septic Tank
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Water Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing provided courtesy of Chapman Hall Realtors
-
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