This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units—8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors.
Located just ¾ of a mile from Monroe’s charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.
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Listing Snapshot
Price
$2,100,000
Days On Site
148 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
2.32 Acres
Year Built
2004
MLS® Number
7537309
Status
Pending
Property Tax
$32,021
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a week ago
Status changed to Pending
a week ago
Listing updated with changes from the MLS®
2 months ago
Price changed to $2,100,000
5 months ago
Listing first seen on site
General Features
Acres
2.32
Number Of Stories
2
Parking
Parking Lot
Sewer
Public Sewer
Stories
Two
Utilities
Cable AvailableElectricity AvailableSewer AvailableWater Available
Water Source
Public
Interior Features
Cooling
Central Air
Heating
Central
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Exterior Features
Construction Details
Cement Siding
Fencing
None
Lot Features
Cul-De-Sac
Roof
Composition
View
Other
Waterfront Features
None
Waterview
Other
Community Features
Community Features
None
Schools
School District
Unknown
Elementary School
Monroe
Middle School
Carver
High School
Monroe Area
Listing Provided Courtesy Of: Community and Council of Keller Williams Realty Intown ATL
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