1482 Waverly Way Monroe, GA 30656
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.
- Property TypeMulti-Family
- NeighborhoodGreen Acres
- CountyWalton
- Taxes$12,600
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusActive Under Contract
- MLS ID Number10309067
- Home Size Source N/A
- Year Built1973
- Lot Size2 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Other
- Parking Parking Pad
- Parking Spaces 0
- Sewer Public Sewer
- Basement None
- Number of Stories 1
- Acreage 2
- Water Public
- Utilities Other
Interior Features
- Cooling Central Air
- Heating CentralElectric
- Fireplaces 0
Community Features
- Association Dues 0
- Community Features None