1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
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Elizabeth Harvill

Elizabeth Harvill

+1(912) 245-1186
$524,900
Est. payment /mo
3,876 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Belevedere Park Apartments

MLS Listing ID 10770535

HOA Y/N Yes

Year Built 1961

Annual Tax Amount $6,319

Tax Year 25

Lot Size 3,876 Sqft

Acres 0.089

Lot Dimensions 3876.84

Property Sub-Type Multi Family,Quadruplex

Source Georgia MLS 2

Property Description

Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property's current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.

Location

State GA

County Dekalb

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air, Electric

Fireplace No

Laundry In Unit

Exterior

Parking Features Over 1 Space per Unit

Community Features Sidewalks, Street Lights, Near Public Transport, Near Shopping

Utilities Available Electricity Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces USE GPS

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

New Construction No

Schools

Elementary Schools Peachcrest

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

HOA Fee Include Insurance,Maintenance Grounds,Other,Private Roads,Reserve Fund

Tax ID 15 184 19 014

Special Listing Condition Resale

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1627 Line CIR

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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