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Kate Wright

kate@livingwrightrealty.com +1(678) 772-8519

$ 399,000

Est. payment -/mo

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Active

499 Oak WAY Lawrenceville, GA 30046

0.35 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Oakdale Woods

MLS Listing ID 10545603

HOA Y/N No

Year Built 1971

Annual Tax Amount $2,800

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 15246

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Investor-owned income property. ($41,800) 3 bedroom 1.5 bathrooms with a separate rental garage apartment. Main home is 1160 sq. ft & garage apartment is 576 sq. ft. This studio/garage apartment has been completely renovated with new flooring, lights, stackable washer/dryer, cabinets, windows, blinds, ceiling fan, stove, refrigerator, bathroom vanity, sink, window unit, shower, and a 1-year water heater. The home has a metal roof and a large, partially fenced backyard. Full-blown insulation in the whole house. The income produced is $41,800 per year. The three-bedroom apartment is currently rented, and the Garage apartment is a studio rented for $1200. It is in a great location accessible to downtown Lawrenceville, Gwinnett University, and excellent Gwinnett County schools. The school bus route is available. The 3-bedroom home is currently tenant-occupied. Garage apartment is newly renovated. Home is an income-producing property.

Location

State GA

County Gwinnett

Rooms

Basement None

Interior

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric, Window Unit(s)

Fireplace No

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 2.0

Community Features None

Utilities Available Sewer Connected, Underground Utilities

View Y/N No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Faces GPS

Foundation Slab

Sewer Septic Tank

Water Public

Structure Type Brick,Stone Frame,Wood Siding

New Construction No

Schools

Elementary Schools Margaret Winn Holt

Middle Schools Moore

High Schools Central

Others

HOA Fee Include None

Tax ID R5140 129

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

Kate Wright

Associate Broker | License ID: 342915

+1(678) 772-8519

Kate Wright

499 Oak WAY Lawrenceville, GA 30046

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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499 Oak WAY