3032 Destin Circle, Snellville, GA 30078

$1,500,000

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List Price
$1,500,000
MLS#
7835213
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Lot Size
0.6000000000000001
Subdivision
Overlook Terrace

Property Description

Excellent opportunity to own a four-unit income-producing property in Snellville, Georgia! This well-positioned quadplex offers an investor the opportunity to acquire four residential units under one roof, creating multiple income streams and reducing the vacancy risk associated with owning a single-family rental. ?? INVESTMENT HIGHLIGHTS • 4 residential units • Located in Snellville, GA • Multiple rental income streams • Strong rental demand in the greater Gwinnett County market • Attractive opportunity for an investor seeking cash flow and long-term appreciation • Potential to increase income through rent optimization and professional property management • One property, four tenants — operational efficiencies compared with owning four separate houses • Excellent opportunity for an investor looking to expand a rental portfolio ?? VALUE-ADD OPPORTUNITY The property offers an investor several potential strategies: Increase rents: Review current rents against comparable Snellville rentals and capture potential market-rate increases. Improve operating efficiency: Consolidating four units at one location can reduce maintenance, management and turnover costs compared with scattered-site rentals. Long-term appreciation: Snellville and surrounding Gwinnett County communities benefit from continued residential demand and proximity to the greater Atlanta employment base. Portfolio investment: A quadplex provides four income streams from a single acquisition and can serve as a strong addition to an existing rental portfolio. ?? LOCATION Conveniently located in the greater Gwinnett County area with access to shopping, restaurants, schools, employment centers and major transportation routes. ?? IDEAL FOR • Buy-and-hold investors • Cash-flow investors • 1031 exchange buyers • Investors looking for multiple rental units under one roof • Investors seeking a value-add opportunity • First-time multifamily investors ?? INVESTMENT OPPORTUNITY Four units. One property. Four income streams. If you're looking for an opportunity to acquire a small multifamily property in the Atlanta metro area, 3032 Destin Cir deserves a closer look. Contact us for pricing, current rents, operating expenses, financial information and showing availability. All information should be independently verified by the buyer. Buyer and buyer's agent should conduct their own due diligence regarding rents, expenses, zoning, square footage, taxes, schools and property condition.

Additional Information

Stories
Three Or More
Construction
Brick Front
Year Built
1985
Neighborhood Amenities
None
Roof
Shingle
Lot Dimensions
50 168 140 177
Parking
Parking Lot
Lot Desc
Cul-De-Sac, Steep Slope, Wooded, Sloped
Water
Public
Sewer
Public Sewer
Elementary School
Britt
Middle School
Snellville
High School
South Gwinnett
Acres
0.60
Levels
Three Or More
Taxes
$10,000

Listing courtesy of Virtual Properties Realty. Biz.

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