Monroe, GA 30655,407 Maple WAY
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Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 2,595,000
Est. payment /mo
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407 Maple WAY Monroe, GA 30655


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Maple Place

MLS Listing ID 10474750

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 2004

Annual Tax Amount $32,021

Tax Year 2024

Lot Size 2.320 Acres

Acres 2.32

Lot Dimensions 2.32

Property Sub-Type Multi Family

Property Description

This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units - 8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just 3/4 of a mile from Monroe's charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.

Location

State GA

County Walton

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street, Over 1 Space per Unit

Community Features None

Utilities Available Sewer Connected

View Y/N No

Garage No

Private Pool No

Building

Faces From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Schools

Elementary Schools Monroe

Middle Schools Carver

High Schools Monroe Area

Others

HOA Fee Include None

Tax ID M0110219

Special Listing Condition Resale


Georgia MLS - GAMLS

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407 Maple WAY