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139 East Hill Street , Bldg. 11

Decatur, GA 30030
  • $1,149,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 20032820
UPDATED: 224 min ago
$1,149,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

8 Bedrooms + 4 Full Baths + 4 1/2 Baths with a of total 4100 sqft. This property is ideal for you if: you are renting and tired of rent increases or if you're retiring and want to downsize or if you want to start or ad to your own AirBnb business. Don't miss this "Gem!" There are few Properties like this one. 4-Unit, 4-Sides Brick Apartment Building located just steps to Oakhurst Village and located in the City of Decatur School district. The property sits on a lot that faces a "Quiet, Forest-Like Setting" is tucked away at the end of the street. Want Quiet??? There is "No Noise or through Traffic." (When you arrive on East Hill St, continue driving past the Townhouses. Bldg 11 is the 2nd building on the right in front to the mailbox. All units are 2br+ 1.5ba Three have Hardwood Floors and 1 has carpet. All units have separately metered electric and gas and are equipped w/ Central Heat + Air. Other amenities include Black Appliances, Hardwood Floors in Kitchens, Blinds, Walk In Closets, and Patio or Balcony that lead to a quiet "Greenspace." There is a Washer/Dryer in Basement for tenant use. As you enter the building, you'll love the Hardwood Floors that lead to the tastefully Decorated Foyer. Tenants pay all utilities including water. This is a "Secured Building" and only tenants have a key to the main entry door. Current tenants are degreed professionals or hold professional certifications. There is Green Space behind building that offers space for relaxation, gardening. It may be possible to add additional sqft (of course this would be subject to local building regulations) Ideal for 1031 Exchange, or for a buyer who wants to "Live in the property as and Owner Occupant. Why Pay Rent when you can "Own the Building?" FHA mortgage of +/-5% down. 3 units have long term tenants whose rents are below market rates. Most Recent Multi Family Comps are: Duplex 2br+1ba at 15 Branham Sold 7-30-21 for $549,000, 2br+1ba Duplex at 99 Norwood Ave sold 8-27-2021 for $495,000 and 2br+1ba Duplex 748 Scott Blvd $550,000 closed 9-3-2021. Each Duplex is 2br+1ba each side. Ownership of subject is Fee Simple. There are No HOA Dues. Being sold "As Is." Listing Agent Holds an interest in the property. Interested??? Shown to Pre-Qualified Buyers by Appointment Only. Seller will provide Financials and Expenses during Due Diligence

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© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Military Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Military Realty. Data last updated: 2022-05-20T00:06:12.26.
www.militaryrealty.us/homes/127608988
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139 East Hill Street , Bldg. 11 Decatur, GA 30030

  • Price: $1,149,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 224 min ago
  • MLS #: 20032820
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1966
Built
Neighborhood:
Oakhurst
County:
Dekalb
Area:
DEKALB
Elementary School:
Winnona Park
Middle School:
Renfroe
High School:
Decatur
Property Description
8 Bedrooms + 4 Full Baths + 4 1/2 Baths with a of total 4100 sqft. This property is ideal for you if: you are renting and tired of rent increases or if you're retiring and want to downsize or if you want to start or ad to your own AirBnb business. Don't miss this "Gem!" There are few Properties like this one. 4-Unit, 4-Sides Brick Apartment Building located just steps to Oakhurst Village and located in the City of Decatur School district. The property sits on a lot that faces a "Quiet, Forest-Like Setting" is tucked away at the end of the street. Want Quiet??? There is "No Noise or through Traffic." (When you arrive on East Hill St, continue driving past the Townhouses. Bldg 11 is the 2nd building on the right in front to the mailbox. All units are 2br+ 1.5ba Three have Hardwood Floors and 1 has carpet. All units have separately metered electric and gas and are equipped w/ Central Heat + Air. Other amenities include Black Appliances, Hardwood Floors in Kitchens, Blinds, Walk In Closets, and Patio or Balcony that lead to a quiet "Greenspace." There is a Washer/Dryer in Basement for tenant use. As you enter the building, you'll love the Hardwood Floors that lead to the tastefully Decorated Foyer. Tenants pay all utilities including water. This is a "Secured Building" and only tenants have a key to the main entry door. Current tenants are degreed professionals or hold professional certifications. There is Green Space behind building that offers space for relaxation, gardening. It may be possible to add additional sqft (of course this would be subject to local building regulations) Ideal for 1031 Exchange, or for a buyer who wants to "Live in the property as and Owner Occupant. Why Pay Rent when you can "Own the Building?" FHA mortgage of +/-5% down. 3 units have long term tenants whose rents are below market rates. Most Recent Multi Family Comps are: Duplex 2br+1ba at 15 Branham Sold 7-30-21 for $549,000, 2br+1ba Duplex at 99 Norwood Ave sold 8-27-2021 for $495,000 and 2br+1ba Duplex 748 Scott Blvd $550,000 closed 9-3-2021. Each Duplex is 2br+1ba each side. Ownership of subject is Fee Simple. There are No HOA Dues. Being sold "As Is." Listing Agent Holds an interest in the property. Interested??? Shown to Pre-Qualified Buyers by Appointment Only. Seller will provide Financials and Expenses during Due Diligence
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Garage YN No Levels Two Lot Size Area 8712 Lot Size Source Public Records Lot Size Units Square Feet Parking Features Off Street

Interior Features

Above Grade Finished Area Units Square Feet Basement Interior Entry Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling ElectricCeiling Fan(S)Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Natural GasForced Air Heating YN Yes Laundry Features Coin Laundry Living Area Units Square Feet

Property Features

Association Fee Includes None Association YN Yes Community Features ParkSidewalksStreet Lights District 15 Land Lot 214 Listing Terms 1031 ExchangeCashConventionalFha New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Agent/Seller RelationshipAs IsNo Disclosure Structure Type Quadruplex Tax Annual Amount 7862 Tax Year 2021 Utilities Electricity Individual MetersWater Billing ProratedSewer Connected Water Source Public

GAMLS logo Listing provided courtesy of Essie & Associates Realty Llc: 770-648-6198. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Military Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Military Realty. Data last updated: 2022-05-20T00:06:12.26.
 
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