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Street View
$512,500
-- Bed
- -- Bath
--sqft
1610 Line Cir, Decatur, GA 30032
$512,500
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Quadruplex
Built in 1961
$-- HOA
3,863.77 sqft lot
--/sqft
Description
7.19% cap rate at the current asking price.
HIGHEST & BEST REQUESTED BY 8/15/2026 | NO SHOWINGS WITHOUT UPDATED POF
FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY established in Belvedere Park! All four units are 2BR/1BA and currently produce $4,745/month / $56,940 annually in gross rents. Seller-reported stabilized NOI is approximately $36,869, offering an attractive 7.19% cap.
All units were fully updated as of March 2024, including HVAC, electrical, plumbing, flooring, appliances, lighting, and interior finishes. Each unit features an eat-in kitchen, laundry closet and functional 2BR/1BA layout. Electricity is individually metered through Georgia Power; water/sewer...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
- sqft
Lot Size
3,863.77 sqft lot
Basement Area
- sqft
MLS Name
First Multiple Listing Service
MLS Number
7775029
MLS Status
Active
Days on Market
82
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