170 North Peachtree Street

Norcross, GA 30071

$1,899,000
Price
Studio
Beds
8,100 Sq. Ft.
$234 / Sq. Ft.
8,100
Sq. Ft.
$234
per Sq. Ft.

Description

Welcome to this charming multi-unit apartment building nestled in the heart of historic downtown Norcross, offering a perfect blend of contemporary living with a touch of old-world charm. Discover the ideal mix of city living and nature's tranquility conveniently located within walking distance of Thrasher Park, gourmet restaurants, trendy cafes and boutiques. This property boasts a collection of ten well-appointed units each designed for comfort and functionality. The building's historic architecture...Welcome to this charming multi-unit apartment building nestled in the heart of historic downtown Norcross, offering a perfect blend of contemporary living with a touch of old-world charm. Discover the ideal mix of city living and nature's tranquility conveniently located within walking distance of Thrasher Park, gourmet restaurants, trendy cafes and boutiques. This property boasts a collection of ten well-appointed units each designed for comfort and functionality. The building's historic architecture adds character and allure to the living spaces. Each unit has a spacious living area, two bedrooms, a full bathroom and an eat-in kitchen. Many of the units have been updated to ensure a comfortable living experience for residents. While nine of the units are currently leased, the additional unit is being renovated and will be leased after completion. Traditionally, Steele Apartments has a low vacancy rate. The desirable location enhances the property's value and rental potential. Tenants also enjoy the communal outdoor space, perfect for relaxation and social gatherings. With its desirable location and attractive features, this property presents an excellent investment opportunity for savvy investors. Don't miss out on the chance to own a piece of history in the vibrant downtown Norcross area. Schedule a viewing today and explore the endless possibilities Steele Apartments has to offer!
  1. Listed by Elizabeth Muetzelfeld • Peach State Realty

Property Details for 170 North Peachtree Street

Num Of Parking Spaces
22
Parking Features
Parking Lot
Property Attached
No
Waterfront Features
None

Location

Listing Courtesy of Peach State Realty, Elizabeth Muetzelfeld
Add your commute
LISTING UPDATED: 04/30/2024 09:44 AM

Property Details for 170 North Peachtree Street

StatusPending
MLS #7367969
Days on Market13
Taxes$14,242 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCommercial Sale / Condominium
Year Built1964
CountyGwinnett County

Location

Listing Courtesy of Peach State Realty, Elizabeth Muetzelfeld
Add your commute

Building Information for 170 North Peachtree Street

Building/Complex170 N Peachtree StFloor-Stories3Residences-Pet Policy-Year Built1964

Payment Calculator

$11,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,364

Property Taxes

$1,187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 170 North Peachtree Street

Summary
Location and General Information
  • Directions: Please use GPS
  • Lake Name: None
  • Recommended Zoning: Multi Family
  • View: Other
  • Coordinates: -84.212524, 33.944809
Taxes and HOA Information
  • Parcel Number: R6254 160
  • Tax Year: 2023
  • Association: No
  • Block: 0
  • Tax Legal Description: N PEACHTREE ST
  • Tax Lot: 0
Interior and Exterior Features
Interior Features
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Basement: Daylight, Exterior Entry, Partial
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Features: Other
  • Levels/Stories: Three Or More
  • Other Equipment: None
  • Window Features: None
  • Foundation: See Remarks
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: None
  • Loading Desc: None
  • Road Surface Type: Paved
  • Roof Type: Other
  • Security Features: Fire Alarm
  • Pool Private: No
  • Numberof Entrances: 6
  • Road Frontage Type: Other
  • Other Structures: None
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Sewer Available,Water Available
  • Water Source: Public
  • Electric: Other
Property and Assessments
  • Assumable: No
  • Business Type: Residential
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Possession: Close Of Escrow
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Square Footage: 8100.0
  • Land lot: 254
  • Lot Features: Free Standing
  • Acreage Source: Owner
  • # Of Buildings: 1.0
  • Current Zoning: Apart
  • Road Front Feet: 105.0
Multi Family
Income & Expenses Information
  • Gross Annual Income: $179,759.00
  • N.O.I. $: $104,972.00
  • Annual Utilities $: $6,124.00
  • Annual Expenses: $56,808.00
Rental
Rent Information
  • Occupant Types: Tenant

Public Records for 170 North Peachtree Street

Taxable ValueLand$58,200Additions$319,640Total$377,840
Tax Record2020$15,140 ($1,262 / month)
Home Facts
Total Finished SqFt8,100 SqFtAbove Grade Finished SqFt8,100 SqFtUnfinished Basement SqFt4,050 SqFtStories2Lot Size18,295 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningRM-MULTI-FAMICountyGWINNETTAPN6-254 -160Fireplace TypeHas Fireplace

Schools near 170 North Peachtree Street

This home is within Gwinnett County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 11
Public - 9 to 12
Rating
School
Distance
Norcross Elementary School
PublicPK to 5

Summerour Middle School
Public6 to 8

Paul Duke STEM High School
Public9 to 11

Norcross High School
Public9 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peach State Realty, Elizabeth Muetzelfeld

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.