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Michelle Rule

michelle.rule@evatlanta.com +1(770) 354-4477

$ 645,000

Est. payment -/mo

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155 Meadowbrook CT Fayetteville, GA 30215

1,829 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status New

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 10674528

HOA Y/N No

Year Built 1984

Annual Tax Amount $4,117

Tax Year 2024

Lot Size 1,829 Sqft

Acres 0.042

Lot Dimensions 1829.52

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

Property Description

**Charming Renovated Quadruplex with Strong Cap Rate and Future Growth Potential** All units are occupied with exceptional tenants. Current rents generate $59,585 . However once their leases expire you can get as creative as you'd like., to generate additional income .With it being in close proximity to the airport and Trilith it could also be great for Airbnb, pad- split , house hack, you name it. No HOA or rental restrictions. Current cap rate of approximately **8.81%**(NOI), this property promises solid returns and significant potential for growth in a thriving neighborhood. **Property Highlights:** **Renovated Units**: Each of the four units has been tastefully updated with modern finishes, including stainless steel appliances, vinyl flooring, granite counter tops, tiled bathroom, painted interior and exterior for a refreshed look, and washer and dryer connections. **Strong Rental Income**: With a proven track record of consistent rental income, providing a reliable cash flow for investors. **Low Maintenance**: Recent renovations and updates mean fewer immediate expenses, allowing for a hassle-free ownership experience. This quadruplex not only offers a robust return on investment but also the potential for substantial appreciation as the area continues to grow. Whether you're an experienced investor or looking to expand your portfolio, this property is a must-see! **Don't miss out on this rare opportunity to own a piece of a flourishing community. Property sold AS-IS- No disclosure as the owners info is limited to ownership and they have never lived in the building. . However, it has been exceptionally maintained POF required for all showings. DO NOT disturb THE TENANTS . ALL info deemed reliable but not guaranteed. It is up to the agent and buyer to do their due diligence to confirm accuracy.

Location

State GA

County Fayette

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Parking Pad

Garage Spaces 4.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces Please use GPS

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Spring Hill

Middle Schools Bennetts Mill

High Schools Fayette County

Others

HOA Fee Include None

Tax ID 052408006

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Updated/Remodeled

Nearby School and Business

SCHOOLSPROPERTIES

Elementary Schools 6

6

Spring Hill Elementary School

Public | PK - 5
6

Fayetteville Elementary School

Public | PK - 5
0

Center of Faith School

Private | PK - 8
0

Rising Star Montessori

Private | PK - 6
0

Fayette Montessori School

Private | PK - 6
0

Grace Christian Academy

Private | PK - 12

High Schools 1

6

Fayette County High School

Public | 9 - 12

School and business data provided by Attom Data.

Michelle Rule

Real Estate Advisor

+1(770) 354-4477

Michelle Rule

155 Meadowbrook CT Fayetteville, GA 30215

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School and Business

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155 Meadowbrook CT