1482 Waverly Way

Monroe, GA 30656

$2,150,000

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.

    MLS Data

  • StatusPending
  • MLS #7395175
  • TypeResidential Income

    Exterior Details

  • ConstructionBrick 4 Sides
  • Built In1973
  • StoriesArray
  • ParkingPaved, Parking Lot
  • SewerPublic Sewer
  • Lot DescriptionLevel
  • Acres2

Listing Provided Courtesy Of: Compass 404-668-6621

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Data Last updated on November 15, 2024 5:30am

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