Engel & Völkers Atlanta

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$ 372,000

$ 400,000 7.0%

Est. payment -/mo

Sold on 11/22/2022

4200 Bowers Pointe DR SW Lilburn, GA 30047

Name: Open House - 9AM-12PM
Start: 2025-10-09T09:30:00.000Z
End: 2025-10-09T12:00:00.000Z
Location: 5755 Hopewell RD, Cumming, GA 30028

0.67 Acres Lot

UPDATED:

Key Details

Sold Price $372,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision River Pointe

MLS Listing ID 7110669

Year Built 1980

Annual Tax Amount $3,635

Tax Year 2021

Lot Size 0.670 Acres

Property Sub-Type Duplex

Property Description

Attention INVESTORS AND SAVVY FIRST-TIME BUYERS! Hard-to-find PARKVIEW High School district, tenant-occupied duplex is available. Owner is willing to finance for 5 years, at 7% with 20% down, balloon payment after. Both units are currently paying on time with 4200 on month-to-month lease and 4202 lease ends 10/31/22, with a 30-day notice clause. The TOP-RATED school district and convenient location make this an ideal location for investors. Each unit has 2 bedrooms, 1 full and 1 half bath. Tenants are current on rent! Unit 4200 has carpet and vinyl throughout the main areas. A white range, white dishwasher, and stainless-steel refrigerator are in place in the kitchen. The water heater year is 2004 and HVAC is 2005. Unit 4202 has new luxury vinyl plank flooring throughout! The kitchen features new white shaker cabinets and a newer stainless-steel range, dishwasher, and refrigerator. A cozy fireplace is the living room. Baths have new white shaker vanities. HVAC is older but working well and the water heater is 2019, and the Units are well maintained. Units are individually metered for gas, electricity, and water. So many strategies with this property-buy and hold, fix it up and bring it to market value, etc! DO NOT DISTURB TENANTS, PLEASE! Showing only during due diligence. Take advantage of the STRONG rental market and add this investment duplex to your portfolio. Close to highways, shopping, and restaurants.