Monroe, GA 30656,1482 Waverly WAY
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Monroe, GA 30656,1482 Waverly WAY
Monroe, GA 30656,1482 Waverly WAY
Monroe, GA 30656,1482 Waverly WAY
Monroe, GA 30656,1482 Waverly WAY

$2,200,000

Est. payment /mo

$2,150,000

2.3%
Est.Price: ?

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1482 Waverly WAY Monroe, GA 30656

2 Acres Lot

SOLD DATE : 01/17/2025

Key Details

Sold Price $2,200,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Green Acres

MLS Listing ID 10309067

Year Built 1973

Annual Tax Amount $12,600

Tax Year 2023

Lot Size 2.000 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State GA

County Walton

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Other

View Y/N No

Building

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Walker Park

Middle Schools Carver

High Schools Monroe Area

Others

Special Listing Condition Resale

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Mickey Hyams | REALTOR

Mickey Hyams | REALTOR

+1(404) 435-3400

Our team is ready to help you sell your home for the highest possible price ASAP


Georgia MLS - GAMLS
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Mickey Hyams | REALTOR

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+1(404) 435-3400

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