Description
Cash Flow Ready to Hit Your Bank Account! Don't miss this exceptional investment opportunity, a fully remodeled quadruplex. Currently generating income from three occupied units with rents plus one vacant unit ready for an owner occupant or new tenant, creating immediate upside potential. With the fourth unit leased at a similar market rent, the property could generate approximately $41,539 annual gross income, resulting in an estimated 5.69% gross ROI/Cap Rate before expenses. Perfect for investors seeking strong cash flow or first-time buyers looking to house hack and build wealth while tenants help offset mortgage costs. FHA and VA financing opportunities may make ownership more accessible. Located in rapidly growing Oakwood, just minutes from I-985, Lake Lanier, shopping, dining, healthcare facilities, the University of North Georgia, and Lanier Technical College, this property benefits from strong rental demand and continued area growth. Oakwood's proximity to major educational institutions, recreation, and employment centers makes it an attractive location for both tenants and homeowners. Seller is willing to address needed road repairs, with the right offer, adding even more value and peace of mind for the next owner. Whether you're looking to expand your portfolio or start your real estate investment journey, don't let this opportunity slip away!
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0BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Cash Flow Ready to Hit Your Bank Account! Don't miss this exceptional investment opportunity, a fully remodeled quadruplex. Currently generating income from three occupied units with rents plus one vacant unit ready for an owner occupant or new tenant, creating immediate upside potential. With the fourth unit leased at a similar market rent, the property could generate approximately $41,539 annual gross income, resulting in an estimated 5.69% gross ROI/Cap Rate before expenses. Perfect for investors seeking strong cash flow or first-time buyers looking to house hack and build wealth while tenants help offset mortgage costs. FHA and VA financing opportunities may make ownership more accessible. Located in rapidly growing Oakwood, just minutes from I-985, Lake Lanier, shopping, dining, healthcare facilities, the University of North Georgia, and Lanier Technical College, this property benefits from strong rental demand and continued area growth. Oakwood's proximity to major educational institutions, recreation, and employment centers makes it an attractive location for both tenants and homeowners. Seller is willing to address needed road repairs, with the right offer, adding even more value and peace of mind for the next owner. Whether you're looking to expand your portfolio or start your real estate investment journey, don't let this opportunity slip away!
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