Exceptional value-add quadruplex opportunity in rapidly growing Decatur, located within 1 mile of the new $29 million Candler Crossing shopping center featuring anchor tenant Publix along with additional retail and dining development. This four-unit multifamily property offers tremendous upside for investors seeking to renovate and reposition in a high-demand rental corridor. The property consists of four 2-bedroom, 1-bathroom units, including two upstairs units featuring original hardwood floors. The property is currently vacant, allowing immediate access for renovations and repositioning without tenant disruption. All units require full renovation, creating the opportunity to significantly increase rental income and overall asset value. A major capital improvement has already been completed with a new roof installed in 2024. Each unit is separately metered for gas and electricity, while the building is currently serviced by two water meters. Adding two additional water meters during renovation is recommended to further increase NOI and operational efficiency. Located on the bus line with convenient access to I-20, this property is positioned in an area experiencing strong redevelopment, retail expansion, and increasing rental demand. A member of the corporate holding entity holds a Georgia Salesperson License.
77 days
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240
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20
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Zillow last checked:
Listing updated:
Listed by:
Céline Higgins Evans470-309-1545,
Simply List
Source: GAMLS,MLS#: 10774278
Facts & features
Interior
Heating
Heat Pump, Natural Gas
Cooling
Window Unit(s)
Features
Basement: None
Has fireplace: No
Property
Parking
Total spaces: 4
Parking features: Off Street, Parking Pad
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Body of water: None
Lot
Size: 0.27 Acres
Details
Parcel number: 15 151 09 045
Special conditions: Agent Owned
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Quadruplex
Materials
Brick
Condition
Resale
New construction: No
Year built: 1955
Utilities & green energy
Sewer: Public Sewer, Septic Tank
Water: Public
Utilities for property: Other
Community & HOA
Community
Features: Sidewalks, Street Lights, Near Public Transport