1502 Harbins Road Northwest

Closed 9/23/24

Sold

Last Sold Price

$815,000

8 beds12 baths

1502 Harbins Rd NW, Norcross, GA 30093

Multi FamilyProperty Type

0.48 acresLot Size

1983Year Built

8 carsParking Spaces

Description

Exceptional Investment Opportunity in Norcross - Rare Quadruplex! Discover an outstanding investment opportunity in the heart of Norcross! This well-maintained 4-unit property boasts a two-sided brick exterior, 8 off-street parking spaces, back patios for each unit, freshly painted exterior doors and windows, and a new roof with a 20-year warranty. All HVAC UNITS are well maintained and recently serviced. Each townhome-style residence offers 2 bedrooms and 2.5 bathrooms, located in a high-rental...Exceptional Investment Opportunity in Norcross - Rare Quadruplex! Discover an outstanding investment opportunity in the heart of Norcross! This well-maintained 4-unit property boasts a two-sided brick exterior, 8 off-street parking spaces, back patios for each unit, freshly painted exterior doors and windows, and a new roof with a 20-year warranty. All HVAC UNITS are well maintained and recently serviced. Each townhome-style residence offers 2 bedrooms and 2.5 bathrooms, located in a high-rental demand area promising long-term appreciation. The total monthly income is $5,490, with long-term tenants on yearly leases that include annual rent increases, making this property a solid investment. Each unit features washer and dryer hook-ups, upstairs, 2 roommate-style bedrooms with 2 bathrooms, a spacious living room with a fireplace, a dining room, a large kitchen overlooking the dining area, and a guest half bathroom on the lower level. The utilities are separately metered and there is no HOA...... This property offers the flexibility to rent out all units or live in one while renting out the others, catering to savvy buyers or investors interested in expanding their portfolio. Don’t miss out on this must-see Quadruplex!

Listing closed: 09/23/2024 12:00 AM • Source: FMLS, MLS#: 7433914

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Location

Sold By Realty Professionals, Inc., Adonay Semere

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$4,984 per month

30 year fixed, 7.03% Interest

Principal and Interest

$4,351

Property Taxes

$633

HOA Dues

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Property Information for 1502 Harbins Road Northwest

Property Details

Taxes: $7,595 / year
MLS Type: Residential Income / Quadruplex
County: Gwinnett County
Subdivision Complex: Harbins Square
Parking Features: Driveway
Property Attached: No
Waterfront Features: None

Building Information

Stories: 2
Residences: 4
Year Built: 1983
Lot Size: 0.48 AC / 20,908 SF

Summary

Location and General Information

Community Features: Near Public Transport, Near Schools, Near Shopping, Park, Sidewalks, Street Lights
Directions: GPS friendly

Lake Name: None
View: City
Coordinates: -84.186834, 33.911754

Taxes and HOA Information

Parcel Number: R6197 107
Tax Year: 2023

Association: No
Tax Legal Description: L1 BA HARBINS SQUARE S/D

School Information

School Bus Route Elem: Yes
School Bus Route High: Yes

School Bus Route Middle: Yes
Elementary School: Lilburn
High School: Meadowcreek
Middle School: Lilburn

Virtual Tour

Virtual Tour Link PP: https://www.propertypanorama.com/1502-Harbins-Road-Norcross-GA-30093/unbranded

Parking

Open Parking: Yes

Agent

Payment and Rate

Concessions Amt: $7,683.00

Interior and Exterior Features

Interior Features

Cooling: Central Air
Heating: Central

Basement: None
Levels/Stories: Two
Window Features: None
Bathrooms Total Interger: 0

Exterior Features

Accessibility Features: None
Construction Materials: Brick, Vinyl Siding

Fencing: Back Yard
Roof Type: Shingle
Security Features: None
Pool Private: No

Property

Utilities

Sewer: Public Sewer
Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available

Water Source: Public

Property and Assessments

Home Warranty: No
Plat Book: 23

Plat Page: 244
Property Condition: Resale
Possession: Negotiable

Green Features

Green Energy Efficient: None
Green Energy Generation: None

Lot Information

Land lot: 197
Lot Features: Other

Acreage Source: Public Records

Multi Family

Multi-Family Information

Unit Count: 4
NUM OF UNITS: 4

Unit 1

Unit Deposit Amount: $1,495.00
Unit Electric Included: No

Unit Features: Dishwasher, Disposal, Range/Oven, Refrigerator, Smoke Alarm
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 1
Unit Maintenance Included: No
Unit Occupant: Tenant Occupies
Unit Water Included: No
Unit Rent Amount: $1,495.00
Unit Full Baths: 2
Unit Bedrooms: 2

Unit 2

Unit Deposit Amount: $.00
Unit Electric Included: No

Unit Features: Dishwasher, Disposal, Range/Oven, Refrigerator, Smoke Alarm
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 1
Unit Maintenance Included: No
Unit Occupant: Tenant Occupies
Unit Water Included: No
Unit Rent Amount: $1,000.00
Unit Full Baths: 2
Unit Bedrooms: 2

Unit 3

Unit Deposit Amount: $1,400.00
Unit Electric Included: No

Unit Features: Dishwasher, Disposal, Range/Oven, Refrigerator, Smoke Alarm
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 1
Unit Maintenance Included: No
Unit Occupant: Tenant Occupies
Unit Water Included: No
Unit Rent Amount: $1,475.00
Unit Full Baths: 2
Unit Bedrooms: 2

Unit 4

Unit Deposit Amount: $1,475.00
Unit Electric Included: No

Unit Features: Dishwasher, Disposal, Range/Oven, Refrigerator, Smoke Alarm
Unit Garbage Included: No
Unit Gas Included: No
Unit Half Baths: 1
Unit Maintenance Included: No
Unit Occupant: Tenant Occupies
Unit Water Included: No
Unit Rent Amount: $1,520.00
Unit Full Baths: 2
Unit Bedrooms: 2

Rental

Rent Information

Terms: Conventional
Occupant Types: Tenant

Property History for 1502 Harbins Road Northwest

Date	Event & Source	Price	Appreciation
Sep 23, 2024	Sold (Public Record) Public Record #1541859010	$815,000	+6.3% / yr
Apr 28, 2008	Sold (Public Record) Public Record #423288716	$298,000	—
Apr 28, 2008	Sold (Public Record) Public Record #239074539	$298,000	+0.9% / yr
Jun 4, 2004	Sold (Public Record) Public Record #422902768	$287,800	—

Date	Event & Source	Price
09/23/2024	Sold (Public Record) Public Record #1541859010	$815,000 +6.3% / yr
04/28/2008	Sold (Public Record) Public Record #423288716	$298,000
04/28/2008	Sold (Public Record) Public Record #239074539	$298,000 +0.9% / yr
06/04/2004	Sold (Public Record) Public Record #422902768	$287,800

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

1502 Harbins Road Northwest

Total Finished SqFt

5,624 SqFt

Above Grade Finished SqFt

5,624 SqFt

Stories

Lot Size

20,976 SqFt

Style

Quadraplex

Year Built

1983

Schools near 1502 Harbins Road Northwest

This home is within Gwinnett County School District.


Rating	School	Type	Grades	Distance
4/10	Meadowcreek Elementary School	Public - Serves this home	PK to 5	1.4 mi
4/10	Louise Radloff Middle School	Public - Serves this home	6 to 8	3.6 mi
5/10	McClure Health Science High School	Public - Serves this home	9 to 12	3.6 mi
2/10	Meadowcreek High School	Public - Serves this home	9 to 12	2.3 mi
2/10	Gwinnett Intervention Education Center (Give) West	Public - Nearby school	6 to 12	3.5 mi
7/10	North Metro Academy of Performing Arts	Public - Choice school	PK to 5	3.5 mi
NR	Still Waters Learning Center	Private - Nearby school	PK to 12	0.4 mi


Rating	School	Distance
4/10	Meadowcreek Elementary School PublicPK to 5 Serves this home	1.4 mi
4/10	Louise Radloff Middle School Public6 to 8 Serves this home	3.6 mi
5/10	McClure Health Science High School Public9 to 12 Serves this home	3.6 mi
2/10	Meadowcreek High School Public9 to 12 Serves this home	2.3 mi
2/10	Gwinnett Intervention Education Center (Give) West Public6 to 12 Nearby school	3.5 mi
7/10	North Metro Academy of Performing Arts PublicPK to 5 Choice school	3.5 mi
NR	Still Waters Learning Center PrivatePK to 12 Nearby school	0.4 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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