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1212 Harbins Road

Norcross, GA 30093
  • $790,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 7040603
Price Reduced
UPDATED: 71 min ago
$790,000
  • 0
    BEDS
  • 1.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2000 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 (new tenant that would like to stay). The entire triplex has a new architectural roof - 4 years, fence, tons of parking space (at least 10 places). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Big septic system in place . serviced every 1-2 years. Total annual income: $64,800, insurance: $1500. utilities: between $700-$900 a month (owner pays). The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a triplex in an excellent condition with a great income, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-08-16T00:03:43.767. For issues regarding this website, please contact BoomTown.
www.journeyhometeam.com/homes/128276887
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1212 Harbins Road Norcross, GA 30093

  • Price: $790,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 71 min ago
  • MLS #: 7040603
0
Beds
0
Baths
0
½ Baths
1.23
Acres
1975
Built
Neighborhood:
None
County:
Gwinnett
Area:
Gwinnett
Elementary School:
Lilburn
Middle School:
Berkmar
High School:
Berkmar
Property Description
Great investment opportunity. Fully renovated, rare to find, more than 4,400 SF, divided into 3 units in a central, convenient location in Norcross. Long term stable tenants. 1st unit: 4 beds, 2 baths, just got renovated kitchen & bathrooms, incl. washer/dryer, new LVT flooring, freshly painted. new AC- 3 years. New water heater. rent: $2000 (tenant lives there for 4 years and would like to stay). 2nd unit: 3 beds, 1 bath: New LVT flooring, new kitchen cabinets, granite, SS appliances washer/dryer, renovated bathroom, new HVAC- 3 years ,new water heater. rent: $1700 (long term tenant). 3rd unit: 2 beds, 1 bath: SS appliances including washer/dryer, new flooring, new AC- 4 years, renovated bath, new carpet, new paint. rent: $1700 (new tenant that would like to stay). The entire triplex has a new architectural roof - 4 years, fence, tons of parking space (at least 10 places). Exterior painting was done 2 years ago. Great outdoor space with beautiful backyard ( professional landscaping). Big septic system in place . serviced every 1-2 years. Total annual income: $64,800, insurance: $1500. utilities: between $700-$900 a month (owner pays). The adjacent lot got approval for rezoning to commercial and going to develop a new subdivision. Many potential strategies on this one: buy and hold and enjoy a triplex in an excellent condition with a great income, no repair/reno is needed. Meantime you can check the rezoning option and go for a development project and build a mini sub division. No HOA! Do not disturb tenants - inspection and viewing only allowed during due diligence period with accepted offer.
Exterior Features

Construction Materials Brick 4 Sides Fencing Back Yard Land Lot 0 Lot Features LevelPrivate Number Of Parking Spaces 8 Open Parking YN Yes Parking Features DrivewayLevel Driveway Roof Type Composition Stories One View Other Waterfront Features None Window Features None

Interior Features

Cooling Ceiling Fan(S)Central Air Flooring Hardwood Heating Central

Property Features

Accessibility Features Accessible Bedroom Community Features None Green Energy Efficient AppliancesHvac Green Energy Generation None Lake Name None Lot Size Dimensions X Number Of Units Total 3 Occupant Type Tenant Owner Financing No Property Attached YN No Property Condition Resale Security Features Carbon Monoxide Detector(S) Sewer Septic Tank Special Circumstances None Special Listing Conditions None Tax Year 2021 Taxes 1823 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Chapman Hall Realtors.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-08-16T00:03:43.767. For issues regarding this website, please contact BoomTown.
 
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