BEDS0
BATHS
MLS#10770535
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBelevedere Park Apartments
Property Description
Strong investment opportunity in Decatur with this well-maintained 4-unit multifamily property located in an established area near shopping and transit with consistent rental demand. Offering immediate income with additional upside potential, this property is well-positioned for both new and experienced investors. All units are currently occupied with stable rental history. Two units have been updated, including one unit fully renovated in 2024, featuring granite countertops and stainless steel appliances. The remaining two units offer additional upside potential through cosmetic updates and future rent growth. Each unit features a functional 2 bedroom, 1 bathroom layout with strong rental appeal. The property includes separate electric meters for each unit and a single water meter that is currently flat billed. Current in-place rents total $4,965 per month. Stabilized rental income is projected at approximately $5,200-$5,600 per month based on market rents. With a combination of stable in-place income and future upside potential, this property is a strong addition to any investment portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 0.09 Acres
Stories: 2.0
Taxes: $6,319
Year Built: 1961
Feature Descriptions
Amenities: Sidewalks, Street Lights, Near Public Transport, Near Shopping
Days on Site: 3
Exterior: Brick
Parking Notes: Over 1 Space per Unit
Sewer: Public Sewer
Units: 4
Utilities: Electricity Individual Meters
Water: Public
Local Schools
High School: Towers
Middle School: Mary Mcleod Bethune
Elementary School: Peachcrest
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-419-3500
Shown By
Agent Name: Russell Berry
Agent Phone: (678) 416-9241
Agency Title: Josey Young & Brady Realty, LLC
Estimate Your Payment
Estimated Payment
$ 1,883.37 per month $1,199.58 Principal & Interest $526.58 Property Tax $157.21 Homeowner's InsuranceChange Payment Information
Russell Berry
Cell: (678) 416-9241
Email: rberry@jybrealty.com
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1627 Line Circle | MLS# 10770535
This multi-family property located at 1627 Line Circle, Decatur, GA 30032 is currently listed for sale with an asking price of $539,000. Search Decatur real estate on rberry.jybrealty.com today.