SUMMARY: 4 unit "multi-family" building for sale. Property in excellent condition in a great neighborhood. (all units are 2 bedrooms and 1 bath). Market Rent around $1700-1750 per unit. Market Gross income = $82k, Net income of $58k. LOCATION: located in Oakhurst neighborhood (inside city limits of Decatur Georgia). Surrounded by mostly single family homes on a "scenic route". VIEWING: please do not walk on the property grounds. Do not disturb the tenants. A tenant will be moving out in JULY and will be showing the property at that time. Call to schedule a viewing. CONDITION: a $200,000 remodel was completed in 2014, updating the kitchens, baths, electrical, plumbing, etc. HVACs and tankless water heater updated in 2018. New roof installed and painted inside and outside in 2022. OTHER INFO: * FHA offers a 3.5% down payment for owner occupied 4 unit residential properties * FHA loan limit for a 4 unit property is $1,139,000 * Decatur allows for an additional unit to be built on the property (ADU)
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