UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Ellis
MLS Listing ID 7756342
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1971
Annual Tax Amount $2,800
Tax Year 2025
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
features two fully functional units with strong rental demand and built-in income potential. The
property generates $45,456 in gross annual income with approximately $8,186 in annual expenses,
producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated
value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full
kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in
all rooms, and a large private backyard. The second unit is a separately accessed studio apartment
with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and
dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes
from Lawrenceville Square, with convenient access to shopping, dining, and major retailers.
Turnkey income property with dual revenue streams—live in one unit and rent the other, or
maximize returns with two tenants in place.
Location
State GA
County Gwinnett
Area Ellis
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Window Features None
Exterior
Parking Features Driveway
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Metal
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story One
Sewer Septic Tank
Water Public
Level or Stories One
Structure Type Frame
Construction Status Updated/Remodeled
Schools
Elementary Schools Winn Holt
Middle Schools Moore
High Schools Central Gwinnett
Others
Senior Community no
Tax ID R5140 129
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Nearby Locations
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Devita Maxwell
Broker Associate | License ID: 239666
Broker Associate License ID: 239666