Property Description

Seize the opportunity to own a fully occupied income-producing quadplex in a prime Lithonia location. With the deck and stairs replaced in 2021, this house has most of the expensive capital expenses taken care of and ready for easy check collections every month. The current tenants pay $1,600 (Section 8), $1,050, and $950 and one vacant unit! Each of the four units features 2 bedrooms and 1 bathroom, with desirable layouts that tenants love. The upper-level units enjoy private balconies, while the lower-level units offer patio access, providing comfortable outdoor living for every resident. Conveniently situated near parks, schools, shopping, and major highways, this property ensures consistent tenant demand and long-term stability. With all four units currently leased and generating a cap rate of over 8.2%, this quadplex is ready to start working for you from day one. Don't miss out on this rare opportunity to secure a solid multifamily asset in one of Metro Atlanta's high-demand market. One vacant unit (Unit C) is available to tour.

Property Features

Local Schools