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Nexus Realty
1151 Canal Street, Decatur, GA 30032
- $335,000
- List Price
- $335,000
- MLS#
- 10838344
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi Family, Duplex
- Lot Size
- 0.33
- Subdivision
- Panama Park
- Basement
- Yes
Property Description
Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
Additional Information
- Stories
- 1 Story
- Year Built
- 1950
- Parking
- Off Street
- Sewer
- Public Sewer
- Elementary School
- Peachcrest
- High School
- Towers
- Acres
- 0.33
- Levels
- One
Listing courtesy of Chapman Hall Realtors Alpharetta.
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