Monroe, GA 30656,1482 Waverly WAY
Monroe, GA 30656,1482 Waverly WAY
Monroe, GA 30656,1482 Waverly WAY
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Listed by Aziz Izmour • Compass
$2,150,000
Est. payment /mo
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2 Acres Lot
Under Contract

1482 Waverly WAY Monroe, GA 30656

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Priscilla Amanda Johnson

Priscilla Amanda Johnson

+1(678) 755-9242

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Key Details

Property Type Single Family Home

Listing Status Under Contract

Purchase Type For Sale

Subdivision Green Acres

MLS Listing ID 10309067

Construction Status Resale

HOA Y/N No

Year Built 1973

Annual Tax Amount $12,600

Tax Year 2023

Lot Size 2.000 Acres

Property 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 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.

Location

State GA

County Walton

Rooms

Basement None

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Garage Parking Pad

Community Features None

Utilities Available Other

Building

Story One

Sewer Public Sewer

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Walker Park

Middle Schools Carver

High Schools Monroe Area


Georgia MLS (GAMLS)

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Priscilla Amanda Johnson

Broker | License ID: 360306

+1(678) 755-9242

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1482 Waverly WAY