1151 Canal ST, Decatur, GA 30032
1151 Canal ST, Decatur, GA 30032
1151 Canal ST, Decatur, GA 30032
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$335,000
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0.33 Acres Lot
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1151 Canal ST Decatur, GA 30032

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Panama Park

MLS Listing ID 7829764

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,020

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.

Location

State GA

County Dekalb

Area Panama Park

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Wood Frames

Exterior

Parking Features Driveway

Fence None

Community Features Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Peachcrest

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

Senior Community no

Tax ID 15 220 06 004

Special Circumstances Investor Owned,No disclosures from Seller,Sold As/Is


First Multiple Listing Service(FMLS)
Listed by Chapman Hall Realtors Alpharetta

NEARBY SCHOOL & BUSINESS

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Bruce Bochicchio

Bruce Bochicchio

Broker Associate License ID: GREC#341456, NMLS#2476779

+1(678) 761-5803

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1151 Canal ST