1600 Line Circle

Closed 10/9/24
Closed 10/9/24
Gallery Image 1
Sold
Last Sold Price
$475,000
8 beds

1600 Line Cir, Decatur, GA 30032

Multi FamilyProperty Type
0.3 acresLot Size
1961Year Built
6 carsParking Spaces

Description

Unlock a prime investment in Decatur with this well maintained brick quadruplex in a community of similarly situated multi-family homes! Enjoy 100% occupancy and steady rental income from the day you purchase it. Each unit features the same layouts with 2 bedrooms, 1 bathroom, and convenient washer/dryer connections. This property is a golden opportunity for savvy investors looking for a multi-family home.Unlock a prime investment in Decatur with this well maintained brick quadruplex in a community of similarly situated multi-family homes! Enjoy 100% occupancy and steady rental income from the day you purchase it. Each unit features the same layouts with 2 bedrooms, 1 bathroom, and convenient washer/dryer connections. This property is a golden opportunity for savvy investors looking for a multi-family home.
  • Listed by: Rachel Lipszyc • Azure Realty
Listing closed: 10/09/2024 12:00 AM • Source: FMLS, MLS#: 7428783
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Location

Listing Courtesy of Azure Realty, Rachel Lipszyc

Sold By ACC Realty, Paul Cobb

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$3,080 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,536

Property Taxes

$544

HOA Dues

$0

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Property Information for 1600 Line Circle

Property Details

  • Taxes: $6,526 / year
  • MLS Type: Residential Income / Quadruplex
  • County: DeKalb County
  • Subdivision Complex: Belvedere Apartments
  • Parking Features: Paved
  • Property Attached: No
  • Waterfront Features: None

Building Information

  • Stories: 2
  • Residences: 4
  • Year Built: 1961
  • Lot Size: 0.30 AC / 13,068 SF

Summary

Location and General Information
  • Community Features: Near Public Transport, Sidewalks, Other
  • Directions: use GPS
  • Lake Name: None
  • View: Other
  • Coordinates: -84.27935, 33.746132
Taxes and HOA Information
  • Parcel Number: 15 184 19 021
  • Tax Year: 2023
  • Association: No
  • Tax Legal Description: 15-184-19-021
  • Tax Lot: N/A
School Information
  • Elementary School: Peachcrest
  • High School: Towers
  • Middle School: Mary McLeod Bethune

Agent

Payment and Rate
  • Concessions Amt: $.00

Interior and Exterior Features

Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Basement: None
  • Levels/Stories: Two
  • Window Features: Wood Frames
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No

Property

Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Lot Features: Level, Other
  • Acreage Source: Public Records

Multi Family

Multi-Family Information
  • Unit Count: 4
  • NUM OF UNITS: 4
Income & Expenses Information
  • Gross Annual Income: $4,490.00
Unit 1
  • Unit Deposit Amount: $1,990.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,135.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,225.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 3
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,000.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 4
  • Unit Deposit Amount: $2,100.00
  • Unit Electric Included: No
  • Unit Features: Central Air, Range/Oven, Refrigerator, Wash/Dry Connect, Other
  • Unit Garbage Included: No
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: No
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $1,195.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2

Rental

Rent Information
  • Terms: Conventional
  • Occupant Types: Tenant

Property History for 1600 Line Circle

DateEvent & SourcePriceAppreciation
Oct 9, 2024

Sold (Public Record)

Public Record #1543911968

$475,000

+10.4% / yr

Jul 29, 2019

Sold (Public Record)

Public Record #651218201

$284,000

+14.7% / yr

Jan 6, 2017

Sold (Public Record)

Public Record #588926445

$200,000

+1.0% / yr

DateEvent & SourcePrice
10/09/2024

Sold (Public Record)

Public Record #1543911968

$475,000

+10.4% / yr

07/29/2019

Sold (Public Record)

Public Record #651218201

$284,000

+14.7% / yr

01/06/2017

Sold (Public Record)

Public Record #588926445

$200,000

+1.0% / yr

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

Public records

1600 Line Circle

Total Finished SqFt

3,864 SqFt

Above Grade Finished SqFt

3,864 SqFt

Stories

2

Lot Size

3,864 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1961

Schools near 1600 Line Circle

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Peachcrest Elementary School
Public - PK to 5
Mary Mcleod Bethune Middle School
Public - 6 to 8
Towers High School
Public - 9 to 12
East Dekalb Special Education Center
Public - PK to 12
Rating
School
Distance
Peachcrest Elementary School
PublicPK to 5

Mary Mcleod Bethune Middle School
Public6 to 8

Towers High School
Public9 to 12

East Dekalb Special Education Center
PublicPK to 12

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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Listing Courtesy of Azure Realty, Rachel Lipszyc

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