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Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7374424
Sold Date 05/16/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1986
Annual Tax Amount $8,113
Tax Year 2023
Lot Size 0.460 Acres
Acres 0.46
Property Description
**For Sale: Multi-Family Property at 2890 Spruce Cir, Snellville, GA 30078**
Explore the remarkable potential of this spacious 8-bedroom, 4-bathroom and 4 1/2 -baths multi-family residence ideally situated in the heart of Snellville, GA. This impressive property presents a unique opportunity for both investors and families looking to generate rental income while enjoying a comfortable living space.
**Location Perks:**
Placed conveniently near everyday essentials, this home is just a short stroll away from the local Walmart Neighborhood Market, ensuring grocery needs are always within reach. Recreational activities are readily available with South Gwinnett Park less than a kilometer away, perfect for leisurely weekends or morning jogs. Additionally, the community is bolstered by a variety of dining choices, medical facilities, and reputable schools, enhancing its appeal for renters and residents alike.
**Investment Opportunity:**
Capture the advantage of dual streams of income or occupy one unit while renting others. The layout is conducive to both renting entirely or partially, which can facilitate managing investments closely. Ideal for building generational wealth, this property offers both immediate income and long-term capital growth potential.
**Practical Features:**
Each unit in this multi-family home ensures privacy and convenience with ample living spaces that accommodate diverse lifestyles. The parking is plentiful, alleviating common living concerns and boosting its rental attractiveness.
**Additional Highlights:**
The inviting neighborhood and natural environment create a welcoming atmosphere while maintaining proximity to vital amenities. The property's strategic location combined with its considerable room count and functional living spaces make it a particularly enticing option for those keen on investing in a growing community.
Seize the opportunity to become a proud owner of this multi-faceted property where endless possibilities to create, expand, and prosper await.
Location
State GA
County Gwinnett
Lake Name None
Interior
Heating Natural Gas
Cooling Central Air
Window Features None
Exterior
Parking Features Parking Lot
Fence None
Community Features None
Utilities Available Other
Waterfront Description None
View Other
Roof Type Other
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
New Construction No
Construction Status Resale
Schools
Elementary Schools Norton
Middle Schools Snellville
High Schools South Gwinnett
Others
Senior Community no
Tax ID R6051 309
Special Listing Condition None
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Bought with Real Broker, LLC.