986 Level Creek RDSugar Hill, GA 30518
Prime MULTI-FAMILY Investment Opportunity - 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! 3 Income-Producing Units Co Turnkey Investment Opportunity! Prime Multi-Family Investment Opportunity - 8.6% Cap in Sugar Hill / Buford! An exceptional opportunity to acquire three income-producing units at Level Creek Drive, offering a solid 8.6% cap rate in a high-demand market. Financing Flexibility!!! Investors can take advantage of a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender, focusing on the property's income potential rather than personal income, streamlining the qualification process for this profitable investment. (Please see below about expanding your portfolio as well.) This property offers excellent rental income potential, featuring: Two units in a 4-sided brick duplex (3-bedroom, 1-bathroom upstairs and 2-bedroom, 1-bathroom on the lower level) - Large Rooms and Closets!! An additional detached 2-bedroom, 1-bathroom yellow home apartment, situated above a 2-car garage just behind the main duplex. Each of the 3 units operates on separate utilities, simplifying property management for investors. Key Features: 3 Total Income-Producing Units in the thriving Sugar Hill / Buford market. o Brick Duplex: Two units rented separately (upper and lower levels). o Detached Yellow Home: A standalone rental unit located behind the duplex. Convenient Location near shopping, dining, and major transportation routes. All Units Tenant-Occupied, ensuring consistent cash flow. 8.6% Cap Rate, offering a strong return on investment. Financing Made Easy: Preferred lender offers a seamless DSCR loan option tailored to income-producing properties. Additional Information: Showings by Appointment Only after an accepted offer during the due diligence period. Please do not disturb tenants. EXPAND YOUR PORTFOLIO!!! 1409 Hillcrest Drive Property Also Available: For investors looking to maximize income and streamline management, the Hillcrest Drive Property Duplex is also available. This turnkey duplex features 2 income-producing units with significant capital improvements, including a conversion from septic to sewer and fully renovated interiors!! Updated HVAC, new furnace, new tankless water heater!! Purchasing both properties together creates a 5-unit portfolio with strong income potential and a combined 8.6% cap rate. Don't miss this chance to secure a high-performing investment in one of Georgia's most desirable markets! Whether purchased individually or as part of a portfolio, the Level Creek Drive property provides outstanding rental income potential. Work with our preferred lender to take advantage of a DSCR loan and make this opportunity yours today!
4 days ago | Listing updated with changes from the MLS® | |
5 days ago | Status changed to Active | |
6 days ago | Listing first seen on site |
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.