1151 Canal Street, Decatur, GA 30032
- $335,000
- List Price
- $335,000
- MLS#
- 7829764
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Duplex
- Lot Size
- 0.33
- Subdivision
- Panama Park
Property Description
Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
Additional Information
- Stories
- One
- Construction
- Brick 4 Sides
- Year Built
- 1950
- Neighborhood Amenities
- Near Shopping
- Roof
- Shingle
- Lot Dimensions
- 153 x 100
- Parking
- Driveway
- Lot Desc
- Level
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Peachcrest
- Middle School
- Mary Mcleod Bethune
- High School
- Towers
- Acres
- 0.33
- Levels
- One
- Taxes
- $5,020
- Special Circumstances
- Investor Owned, No disclosures from Seller, Sold As/Is
Listing courtesy of Chapman Hall Realtors Alpharetta.
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