Property Description
Seller offering a 2-1 temporary interest rate buydown with an acceptable offer! PLUS, Northpoint Mortgage is offering a Budget Booster 0.5% rate buydown for the first year, fully covered by Northpoint Mortgage. Investors, this is the kind of opportunity you've been waiting for! Rarely does a well-maintained duplex with two established long-term tenants, no HOA, and a desirable location come to market in this area. Situated on a hill overlooking the street in a quiet neighborhood, this property offers the long-term income potential investors are looking for. Each unit features 2 bedrooms, 1 full bathroom, and a private patio, with both units currently occupied by reliable long-term tenants. Meaningful improvements and maintenance have been completed over time, including hot water heater replacements in both units (Unit A less than three years ago and Unit B approximately one year ago). Additional improvements to Unit A include fresh interior paint, updated smoke detectors, carpet, vinyl windows, light fixtures, gutters, and concrete driveway section replacements. Unit B features a newer toilet and flooring, an HVAC system replaced in recent years, and septic system servicing that included hydro-jetting of the main line and a new septic tank lid. Property-wide improvements include a roof replacement and extensive tree work, further contributing to the property's overall maintenance and appeal. Located within a highly rated school district and less than 11 minutes from Old Town Lilburn and Stone Mountain Park, this property combines a desirable location, established rental income, and meaningful improvements in one hard-to-find package. Don't miss the opportunity to add this reliable income-producing property to your portfolio!