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Back 1272 Sweet Pine Drive
Off Market

1272 Sweet Pine Drive

Norcross GA 30093

0.49 ac.
Duplex
Last sold for $663,000
Claire ShoenerClaire Shoener, last sold this property on 29 October 2021 after 66 days on market.

Overview

Calling all investors! RARE 4 SIDE BRICK QUADPLEX IN THE HEART OF NORCROSS. All units are well maintained by excellent long term tenants. Immediate income with No immediate repairs needed. Roof replaced in August 2018. Newer HVACs in 3 units and Water heaters about 5 years old. Most appliances are newer - less than 2 years. Currently it is bringing you $46200 Gross Income. Way below market rent, yet still brings you 5.5% cap rate! You can reach 8.3% - 8.6% cap rate or higher if you bring it to market rent which is $1350-$1400.This will generate 17%-18% cash on cash return with 75% LTV. Property already separately metered for water. 10 parking spaces. Trash is included in Gwinnett property taxes. Each unit is about 1139 SF per tax record. Please do not disturb tenants. No signs.

Features

0.49 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Norcross over the last 12 months, the estimated median property value of 1272 Sweet Pine Drive is $800k.

Median value
$800k
Estimated value range
$360k - $960k
Median days on market
6
Estimated value trend
31%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Norcross. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1272 Sweet Pine Drive

2021
Sold
$663,000
29 Oct 2021 by Claire Shoener, of Keller Williams Rlty.North Atl
2014
Sold
$251,200
12 Sep 2014 by Brian Maguire, of Keller Williams Rlty. Buckhead

Happy sellers in Norcross

~%

We have insufficient information to provide an overview of customer satisfaction for Norcross. Viewing the agent profiles, reviews and sales for Norcross can provide insights for this location.

Local market activity for duplexes in Norcross

In the last 12 months, 7 duplexes similar to 1272 Sweet Pine Drive, have been sold.

This represents a 13% increase in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Norcross

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Richard Rodriguez

Sellers who recommend Richard Rodriguez have praised them for being local expert, clear communication, supportive, responsive, reliable, dedicated, and friendly

  •   5   (169 reviews)
  •  1 Review in Norcross
  •  2 Sales in Norcross
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Natalia Yengibaryan

Natalia Yengibaryan is a recommended agent for Norcross.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (5 reviews)
  •  1 Review in Norcross
  •  1 Sale in Norcross
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Erika Andrade

Sellers who recommend Erika Andrade have praised them for being local expert, clear communication, responsive, and supportive

  •   5   (13 reviews)
  •  1 Review in Norcross
  •  1 Sale in Norcross
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Andrea Fizer

Andrea Fizer is a recommended agent for Norcross.  They have 8 local sales across the last 12 months.

  •   5   (1 review)
  •  8 Sales in Norcross
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