$2,100,000
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2.32 Acres Lot
SOLD DATE : 08/28/2025
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Maple Place
MLS Listing ID 10474750
Sold Date 08/28/25
HOA Y/N No
Year Built 2004
Annual Tax Amount $32,021
Tax Year 2024
Lot Size 2.320 Acres
Acres 2.32
Lot Dimensions 2.32
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
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 3/4 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.
Location
State GA
County Walton
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Over 1 Space per Unit
Community Features None
Utilities Available Sewer Connected
View Y/N No
Garage No
Private Pool No
Building
Faces From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction No
Schools
Elementary Schools Monroe
Middle Schools Carver
High Schools Monroe Area
Others
HOA Fee Include None
Tax ID M0110219
Special Listing Condition Resale
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