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Off-Market
Norcross, GA 300931134 Balboa Ct
Norcross, GA 30093, USA
List price
$185,000
$•••,•••
4
beds
2
baths
2,176
sq ft
1974-01-01
built
Multi Family
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Story
OfferMarket Transaction History
- This property was sold on May 14, 2021 via Get Offers campaign.
- Qualified buyers: 18
- Qualified offers: 14
- Winning offer: cash, AS IS, no contingencies, 14 day close
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Overview
Duplex (2-unit) investment property offered AS IS. Property needs renovation.
Perfect house hacking opportunity! BRRR is an option to cash-out refinance for higher cash-on-cash returns. Information will be updated as it becomes available. Please use the 'Schedule Tour' button to inquire and ask questions.
Floor plan & rents
- Unit 1: 2BR/1BA
- Est. market rent: $900/month
- Current tenants: 10+ years
- Unit 2: 3BR/1BA
- Est. market rent: $900/month
- Current tenants: 10+ years
Tax
- 2020 Total: $3,728.14
Property details
18 property details
Property
· The bones — what the buyer sees first
Bedrooms
4
Full baths
2
Finished sq ft
2,176 sq ft
Above-grade sq ft
2,176 sq ft
Year built
1974
Stories
1
Units
2
Property type
Multi Family
Occupancy
Rental Property
Condition (1–5)
3
Neighborhood
Castilla Woods
County
Gwinnett County
Financials
· What it earns and what it costs to hold
ARV (after repair)
$250,000
Tax-assessed value
$219,000
Property tax rate
1.86%
Cap rate
6%
Cash-on-cash return
6%
Monthly cash flow
$325 /mo
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