1482 Waverly Way
$2,150,000
2
1
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Listed By Compass
Pending
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...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 for 1482 Waverly Way
Subdivision Complex
Green Acres
Num Of Parking Spaces0
Parking FeaturesPaved, Parking Lot
Property AttachedNo
Waterfront FeaturesNone
LISTING UPDATED: 09/13/2024 11:42 AM
Property Details for 1482 Waverly Way
Status | Pending |
---|---|
MLS # | 7395175 |
Days on Market | 71 |
Taxes | $12,600 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 1973 |
Lot Size | 2.00 AC / 87,120 SF |
County | Walton County |
Building Information for 1482 Waverly Way
Stories1Residences16Year Built1973Building Size-Lot Size2.00 AC / 87,120 SF
Property Information for 1482 Waverly Way
Property History for 1482 Waverly Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1482 Waverly Way
Taxable ValueLand$19,398Additions$81,802Total$101,200
Tax Record2023$3,070 ($256 / month)
Home Facts
Total Finished SqFt3,124 SqFtAbove Grade Finished SqFt3,124 SqFtStories1Lot Size20,038 SqFtStyleMulti-Family Res (5+ Units)Year Built1973Year Renovated1987ZoningR1CountyWALTONAPNN090B-014
Schools near 1482 Waverly Way
This home is within Walton County School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Walker Park Elementary School PublicPK to 5 | ||
Carver Middle School Public6 to 8 | ||
Monroe Area High School Public9 to 12 | ||
Walton County Christian Learning Center Private6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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