Under Contract
$2,150,000

1482 Waverly Way Monroe, GA 30656

1482 Waverly Way 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.

Schools

  • Elementary
    Walker Park
  • Middle
    Carver
  • High
    Monroe Area

    • Location

  • Subdivision
    Green Acres
  • Zip Code
    30656
  • City
    Monroe
  • County
    Walton - GA

    • Property Data

  • Status
    Pending
  • MLS #
    7395175
  • Type
    Residential Income

    • Exterior

  • Construction
    Brick 4 Sides
  • Built In
    1973
  • Stories
    Array
  • Sewer
    Public Sewer
  • Parking
    Paved, Parking Lot
  • Lot Description
    Level
  • Acres
    2

    • Listing Provided Courtesy Of: Compass 404-668-6621

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    Data Last updated on November 5, 2024 3:30pm

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