$720,000
$769,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2,178 Sqft Lot
SOLD DATE : 03/28/2025
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cherokee Court
MLS Listing ID 7509606
Sold Date 03/28/25
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1972
Annual Tax Amount $7,228
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Quadruplex
Property Description
Building (S) Discover a prime investment opportunity at 493 Stone Mountain Street, Lawrenceville GA! This charming quadplex features four units, each boasting 2 bedrooms and 2 baths, with three units elegantly renovated just two years ago. Located mere moments from Downtown Lawrenceville, residents enjoy unparalleled convenience to City Green space, renowned restaurants, vibrant breweries, and a prestigious performing arts theatre. With the Lawrenceville City Police department nearby, security and peace of mind are assured.
Built to last with a classic 4-sided brick exterior and recent double insulated windows, this property combines durability with modern efficiency. Newer stainless steel appliance package. Ideal for savvy investors seeking a stable income stream, the quadplex boasts a history of high occupancy rates, making it a compelling choice for your portfolio. Don't miss out on this exceptional opportunity to own a piece of Lawrenceville's thriving community—schedule your showing today!
Location
State GA
County Gwinnett
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air, Other
Flooring Laminate
Window Features Insulated Windows
Exterior
Parking Features Level Driveway, Paved
Fence None
Community Features Near Trails/Greenway
Utilities Available Electricity Available, Natural Gas Available, Water Available
Waterfront Description None
View City, Trees/Woods
Roof Type Shingle
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Lawrenceville
Middle Schools Moore
High Schools Central Gwinnett
Others
Senior Community no
Tax ID R5115 376
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition None
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Bought with Chapman Hall Realtors