Fayetteville, GA 30215,155 Meadowbrook CT
Fayetteville, GA 30215,155 Meadowbrook CT
Fayetteville, GA 30215,155 Meadowbrook CT
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$645,000
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1,816 Sqft Lot
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155 Meadowbrook CT Fayetteville, GA 30215

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Quillie Williams

Quillie Williams

Maximum One Greater Atlanta Realtors

+1(678) 573-6100

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID 7705995

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1984

Annual Tax Amount $4,117

Tax Year 2024

Lot Size 1,816 Sqft

Acres 0.0417

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

**Charming Renovated Quadruplex with Strong Cap Rate and Future Growth Potential** All units are occupied with exceptional tenants. However once their leases expire you can get as creative as you'd like. With it being in close proximity to the airport and Trilith it could also be great for Airbnb, pad- split , house hack, you name it. No HOA or rental restrictions.
Current cap rate of approximately **8.81%**, this property promises solid returns and significant potential for growth in a thriving neighborhood.
**Property Highlights:**
**Renovated Units**: Each of the four units has been tastefully updated with modern finishes, including stainless steel appliances, vinyl flooring, granite counter tops, tiled bathroom, painted interior and exterior for a refreshed look, and washer and dryer connections.

**Strong Rental Income**: With a proven track record of consistent rental income, the property boasts a Net Operating Income (NOI) of **$50,743.44**, providing a reliable cash flow for investors.

**Low Maintenance**: Recent renovations and updates mean fewer immediate expenses, allowing for a hassle-free ownership experience.
This quadruplex not only offers a robust return on investment but also the potential for substantial appreciation as the area continues to grow. Whether you're an experienced investor or looking to expand your portfolio, this property is a must-see!
**Don't miss out on this rare opportunity to own a piece of a flourishing community.
Property sold AS-IS- No disclosure as the owners info is limited to ownership and they have never lived in the building. . However, it has been exceptionally maintainedPOF required for all showings. DO NOT disturb THE TENANTS . ALL info deemed reliable but not guaranteed. It is up to the agent and buyer to do their due diligence to confirm accuracy.

Location

State GA

County Fayette

Area None

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Luxury Vinyl

Window Features Aluminum Frames

Exterior

Parking Features Driveway

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Updated/Remodeled

Schools

Elementary Schools Spring Hill

Middle Schools Bennett'S Mill

High Schools Fayette County

Others

Senior Community no


First Multiple Listing Service(FMLS)
Listed by Luxury Real Estate Brokers of Atlanta, LLC

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155 Meadowbrook CT

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Quillie Williams

Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

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