UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Le Morgatonne
MLS Listing ID 7766936
Construction Status Resale
HOA Y/N No
Year Built 1983
Annual Tax Amount $9,600
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
Currently 50% occupied, the property generates income today while providing the flexibility to lease the remaining units at market rents or occupy one unit yourself. The townhome-style floorplans are highly desirable among tenants, offering multi-level living, private entrances, and a residential feel that contributes to strong rental demand and tenant retention.
Significant capital improvements have already been completed, including a brand-new roof, new water heaters, and new HVAC systems, helping to minimize future maintenance expenses and maximize returns. Two of the four units have been tastefully updated with renovated kitchens, new flooring, and updated vanities, making them attractive to today's renters and providing a blueprint for additional value-add opportunities in the remaining units.
Investors will appreciate the property's proven rental appeal, low-maintenance improvements, and strong cash-flow potential once fully occupied. Owner-occupants can take advantage of a unique house-hacking opportunity by living in one unit while rental income from the others helps offset housing costs.
Location
State GA
County Gwinnett
Area Le Morgatonne
Lake Name None
Interior
Heating Central
Cooling None
Window Features None
Exterior
Parking Features Varies by Unit
Fence None
Community Features None
Utilities Available None
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Cul-De-Sac
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
Construction Status Resale
Schools
Elementary Schools Minor
Middle Schools Sweetwater
High Schools Berkmar
Others
Senior Community no
Tax ID R6157 298
NEARBY SCHOOL & BUSINESS
2801 Washington Rd., Ste. 188, Augusta, Ga, 30909, United States