UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Quadruplex
MLS Listing ID 7630642
Construction Status Resale
HOA Y/N No
Year Built 1970
Annual Tax Amount $2,329
Tax Year 2024
Lot Size 435 Sqft
Acres 0.01
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
Discover a solid income-producing asset at 688 Waverly, Building H — a well-maintained, 4-sided brick quad featuring four 2-bedroom, 1-bath units. One unit is currently occupied at \$950/month (well below market rent), while the remaining three have been updated and are ready to lease at market rates.
Financials listed are proforma numbers based off the current advertising for lease on the recently remodeled units, this property offers strong upside potential. Whether you're an experienced investor looking to expand your portfolio or a first-time investor seeking to live in one unit and rent out the others, this is a perfect opportunity to build equity and generate steady cash flow.
Enjoy the convenience of an in-town location, proximity to amenities, and the long-term value of brick construction. Don't miss this chance to secure a great asset and grow your net worth.
Property manager is currently in place and can stay or new owner can self manage.
Location
State GA
County Dekalb
Area Quadruplex
Lake Name None
Interior
Heating Electric, Heat Pump
Cooling Central Air, Separate Meters
Flooring Carpet, Laminate, Luxury Vinyl, Vinyl
Window Features Insulated Windows,Shutters
Exterior
Parking Features Parking Lot, Paved, Varies by Unit
Fence None
Community Features Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
Construction Status Resale
Schools
Elementary Schools Indian Creek - Dekalb
Middle Schools Freedom - Dekalb
High Schools Clarkston
Others
Senior Community no
Tax ID 18 067 06 043
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan

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