$1,899,000
Active Under Contract
27 Days Online
0 Beds0 Baths10,206 SQFT
Active Under Contract

170 N Peachtree Street Norcross, GA 30071

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Welcome to this charming multi-unit apartment building nestled in the heart of historic downtown Norcross, offering a perfect blend of contemporary living with a touch of old-world charm. Discover the ideal mix of city living and nature's tranquility conveniently located within walking distance of Thrasher Park, gourmet restaurants, trendy cafes and boutiques. This property boasts a collection of ten well-appointed units each designed for comfort and functionality. The building's historic architecture adds character and allure to the living spaces. Each unit has a spacious living area, two bedrooms, a full bathroom and an eat-in kitchen. Many of the units have been updated to ensure a comfortable living experience for residents. While nine of the units are currently leased, the additional unit is being renovated and will be leased after completion. Traditionally, Steele Apartments has a low vacancy rate. The desirable location enhances the property's value and rental potential. Tenants also enjoy the communal outdoor space, perfect for relaxation and social gatherings. With its desirable location and attractive features, this property presents an excellent investment opportunity for savvy investors. Don't miss out on the chance to own a piece of history in the vibrant downtown Norcross area. Schedule a viewing today and explore the endless possibilities Steele Apartments has to offer!

  • Property TypeCommercial
  • NeighborhoodSteele Apartments
  • CountyGwinnett
  • Taxes$14,034
  • HOA/Condo/Coop Fees$0
  • Days on Site26 Days
  • MLS StatusActive Under Contract
  • MLS ID Number10282406
  • Home Size Source Other
  • Year Built1964
  • Lot Size0.42 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Building Features Free Standing
  • Parking Parking Lot
  • Parking Spaces 22
  • Sewer Public Sewer
  • Acreage 0.42
  • Water Public
  • Zoning Rm-Multi-Family Residence
  • Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available

Interior Features

  • Cooling Central AirFans
  • Heating Forced Air
  • Flooring CarpetHardwoodTile

Exterior Features

  • Roof Composition
  • Lot Level

Community Features

  • Building Features Free Standing

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Monthly Payment (Est.)

$10,199
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