For more information regarding the value of a property, please contact us for a free consultation.
50 Forest PL Lawrenceville, GA 30046
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Forest East
MLS Listing ID 6944171
Sold Date 03/02/22
Construction Status Resale
HOA Y/N No
Year Built 1986
Annual Tax Amount $1,271
Tax Year 2021
Lot Size 0.280 Acres
Acres 0.28
Property Description
Four side ranch duplex with 2 bedroom 2 bath floor plan on each side. Long term tenants, turnkey opportunity, $1025 per door (the 2 bedroom price point). 10% cap rate is realistic! GREAT AREA: new construction nearby and rapidly rising values close to new 35M Performing arts center / south lawn venue restaurants entertainment all in the historic Lawrenceville square. Do not disturb tenants, inspect during due diligence with accepted offer. Selling As IS, with great tenants.
Location
State GA
County Gwinnett
Lake Name None
Interior
Heating Forced Air
Cooling Central Air
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features Near Trails/Greenway, Public Transportation, Restaurant
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Lawrenceville
Middle Schools Moore
High Schools Central Gwinnett
Others
Senior Community no
Tax ID R5148 314
Special Listing Condition None
Read Less
Bought with The Suri Group, Inc.