Active
1523 Oakview Road
Decatur GA, 30030
$1,250,000
Active
Multi-family
Built in 1957
Quadruplex located in the city of Decatur in the walkable neighborhood of Oakhurst. All 4 units have been renovated with high end appliances, upgraded bathrooms, original hardwood floors and high-end washer/dryers. All units are 2 BR/1BA with 780 sqft/unit. Total sqft: 3,120. Annual Gross rents of $81,760. Expenses $26,797. Net Operating Income, $54,963/yr, with Excellent Appreciation potential. Upgrades include: all water and sewer lines replaced, electrical rewired, tankless water heaters, 7 year old HVAC units, and 3 year old roof. All units are currently rented and low vacancy rates. There are many possibilities for this gem such as possibly building something else on the back of the property, or short-term rentals.
7322231
MLSⓇ ID
January 11, 2024
Listed
May 9, 2024
Updated
Map
1523 Oakview Road
Decatur GA, 30030
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
Sloped
Roof
Composition
Sewer
Public Sewer
School Information
High School
Decatur
Elementary School
Oakhurst/Fifth Avenue
Other Property Details
Taxes
$18,187
Tax Frequency
Annually
Days on Market
40
Garage
No
Parking
Level Driveway
View
Yes
View Description
Other
County
Dekalb - GA
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Green Building Features
Green Features
None
Listed by Lisa Wrenn with Keller Williams Realty Atl North 770-509-0700
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Data last updated 2:55 AM UTC, 5/9/2024