416 Wall ST #1-14, Monroe, GA 30655 - MLS#20079487

Listed by Chad C. Draper • Keller Williams Rlty Atl. Part
Bought with Andy Griffith • Engel & Volkers Atlanta

$1,600,000

Est. payment -/mo

Est.Price: ?

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1.53 Acres Lot

SOLD DATE : 12/20/2022

Key Details

Sold Price $1,600,000

Property Type Commercial Sale

Listing Status Sold

Purchase Type For Sale

Subdivision Wall Street Apartments

MLS Listing ID 20079487

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

Parking Features 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

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Virnalisi JohnsonKing

+1(404) 290-6914

Agent | License ID: 144248

Agent License ID: 144248