Bought with Andy Griffith • Engel & Volkers Atlanta
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Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Wall Street Apartments
MLS Listing ID 20079487
Sold Date 12/20/22
Construction Status Resale
Year Built 1987
Annual Tax Amount $247,600
Tax Year 2022
Lot Size 1.530 Acres
Property Description
The Wall Street Apartments comprise 14 units on 1.53 acres. There are 6 buildings which are all brick on a concrete slab. There are six 2/1 units and eight 3/1 units. The property has been owned by one family entity since 2006. Multiple tenants remain from the original purchase date. These units rent very quickly when one comes available. There is considerable room to increase revenue at current rental rates. Existing Downtown Monroe is thriving. New homes are beginning to be built in the area at strong market rates.
Location
State GA
County Walton
Zoning R1A
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Exterior
Garage Paved, Parking Lot
Utilities Available Cable Available, Electricity Available, High Speed Internet, Sewer Available, Phone Available, Water Available
Roof Type Composition
Building
Sewer Public Sewer
Construction Status Resale
Others
Financing Conventional
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Renee Stutts
REALTOR®/Sales Advisor | License ID: 408104
REALTOR®/Sales Advisor License ID: 408104