UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Spalding Bridge
MLS Listing ID 7738056
Construction Status Resale
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,471
Tax Year 2025
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Quadruplex
Source First Multiple Listing Service
Property Description
Current Gross: $71,220/year (5.15% Day-1 Cap Rate)
Proven Potential: $81,600/year (6.10% Pro Forma Cap)
Proof of Concept: Unit D recently stabilized at $1,700/mo, setting the market floor.
With separate meters, low overhead, and staggered leases extending into 2026 and 2027, this is a stabilized, low-stress addition to any portfolio. Own the property that offers tenants the peace they crave at a price point that ensures you stay 100% occupied. Perfectly situated in the heart of the Peachtree Corners live-work-play ecosystem, this property offers an unbeatable lifestyle characterized by high-end convenience and premier outdoor recreation. Residents are just minutes from the upscale shopping and dining at The Forum on Peachtree Parkway and the vibrant Peachtree Corners Town Center, featuring local favorites like Politan Row, Ted's Montana Grill, and the community's massive 2-acre Town Green for outdoor concerts and movies. The location is a haven for nature lovers, providing immediate access to the 11.5-mile Corners Connector Trail system, the scenic riverside trails of Jones Bridge Park, and the expansive sports facilities at Pinckneyville Park. Commuters will find the position ideal with lightning-fast access to GA-141, Holcomb Bridge Road, and Peachtree Industrial Boulevard, ensuring a seamless connection to I-285 and I-85 for easy travel to Buckhead, Midtown, and the Perimeter Business District.
Location
State GA
County Gwinnett
Area Spalding Bridge
Lake Name None
Interior
Heating Central, Forced Air, Natural Gas, Separate Meters
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Carpet, Luxury Vinyl
Window Features None
Exterior
Parking Features Parking Lot
Fence Back Yard
Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Cement Siding
Construction Status Resale
Schools
Elementary Schools Peachtree
Middle Schools Pinckneyville
High Schools Norcross
Others
Senior Community no
Tax ID R6305 027
Nearby Locations
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Devita Maxwell
Broker Associate | License ID: 239666
Broker Associate License ID: 239666