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3073 Destin CIR Snellville, GA 30078
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Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type Multi Family,Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Overlook Terrace
MLS Listing ID 10653222
Year Built 1984
Annual Tax Amount $10,390
Tax Year 2024
Lot Size 0.630 Acres
Property Sub-Type Multi Family,Quadruplex
Property Description
Updated quadplex offering stabilized income, modern construction, and a compelling 12.8 percent cap rate, reconstructed in 2012 and finished with new Hardie siding, providing a low maintenance, turnkey addition to any portfolio. All four sizable three bedroom, two bathroom units are fully leased, generating 118,944 in annual rent, with updated systems, steady occupancy, and a strong rental history supporting a smooth transition for new ownership. Located in a growth submarket with proven demand, the asset delivers immediate cash flow, minimal capital needs, and durable long term yield for investors seeking a professionally maintained property! Do not walk the property or disturb tenants.
Location
State GA
County Gwinnett
Interior
Heating Other
Cooling Other
Exterior
Parking Features None
Community Features None
Utilities Available Other
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Britt
Middle Schools Snellville
High Schools South Gwinnett
Others
Special Listing Condition Resale
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