407 Maple Way
Monroe, GA 30655
2.32 acres | #7537309
Description
This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units—8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors.
Located just ¾ of a mile from Monroe’s charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.
Property Details
- Utility FeaturesCable Available, Electricity Available, Sewer Available, Water Available
- Sewer InformationPublic Sewer
- Parking FeaturesParking Lot
- SubdivisionMaple Place
- High SchoolMonroe Area
- CountyWalton - GA
- Lot DescriptionCul-De-Sac
- Original List Price$2,595,000
- Property TypePurchase
- Taxes Annual$32,021
- MLS #7537309
- Cost2595000
- MLS #7537309
- Utility SourcePublic
- Elementary SchoolMonroe
- Middle SchoolCarver
- Property ConditionResale
- ViewOther
- Property SubtypeOther
- Acres2.32
- Year Built2004
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Community And Council (#CNCTEAM)
Listing Office: Keller Williams Realty Intown ATL (#KWIT01)
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