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4200 Bowers Pointe DR SW Lilburn, GA 30047
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Key Details
Sold Price $372,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision River Pointe
MLS Listing ID 7110669
Year Built 1980
Annual Tax Amount $3,635
Tax Year 2021
Lot Size 0.670 Acres
Property Description
Attention INVESTORS AND SAVVY FIRST-TIME BUYERS! Hard-to-find PARKVIEW High School district, tenant-occupied duplex is available. Owner is willing to finance for 5 years, at 7% with 20% down, balloon payment after. Both units are currently paying on time with 4200 on month-to-month lease and 4202 lease ends 10/31/22, with a 30-day notice clause. The TOP-RATED school district and convenient location make this an ideal location for investors. Each unit has 2 bedrooms, 1 full and 1 half bath. Tenants are current on rent! Unit 4200 has carpet and vinyl throughout the main areas. A white range, white dishwasher, and stainless-steel refrigerator are in place in the kitchen. The water heater year is 2004 and HVAC is 2005. Unit 4202 has new luxury vinyl plank flooring throughout! The kitchen features new white shaker cabinets and a newer stainless-steel range, dishwasher, and refrigerator. A cozy fireplace is the living room. Baths have new white shaker vanities. HVAC is older but working well and the water heater is 2019, and the Units are well maintained. Units are individually metered for gas, electricity, and water. So many strategies with this property-buy and hold, fix it up and bring it to market value, etc! DO NOT DISTURB TENANTS, PLEASE! Showing only during due diligence. Take advantage of the STRONG rental market and add this investment duplex to your portfolio. Close to highways, shopping, and restaurants.
Location
State GA
County Gwinnett
Interior
Heating Central, Forced Air
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Exterior
Garage Detached, Driveway, Paved
Fence None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Building
Lot Description Level
Story One
Sewer Septic Tank
Water Public
Structure Type Brick Front, Fiber Cement, Vinyl Siding
New Construction No
Schools
Elementary Schools Knight
Middle Schools Trickum
High Schools Parkview
Others
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Special Listing Condition None
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Bought with Engel & Volkers Atlanta