$2,150,000
Pending

1482 Waverly Way

Monroe, GA 30656
Browse 20 photos
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

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.

  • Property Details
      • Acres2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1973
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
      • Utility FeaturesOther
  • Community and Neighborhood Details
      • SubdivisionGreen Acres
    • Location
      • Elementary SchoolWalker Park
      • High SchoolMonroe Area
      • Middle SchoolCarver
      • CountyWalton
  • Financial Details
      • Taxes Annual$12,600
  • Other
      • MLS #10309067

Location

Thrisha Martin | Re/Max Tru Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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