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    411 S Candler St

    Decatur, GA 30030
    • $875,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 8861248
    UPDATED: 65 min ago
    $875,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    When it comes to incorporating real estate as a portion of your overall portfolio, there are a few boxes you want to tick to ensure that your investment is a worthwhile one. First, an ideal property is located in a perennial part of town, for instance, something close to Emory, Agnes Scott, and the CDC (not to mention the walkable lifestyle options offered by a neighborhood like Decatur) help ensure demand for the long run. Second, an investment-owner doesn't want a lot of surprises, so something newly renovated goes a long way toward ensuring that their investment doesn't become a money pit. Third, while single-family homes have long been the rage, there are downsides: there's a lot to be said for a multi-unit setup, where all of your tenants are under the same roof. Fourth, small units at competitive-but-substantial prices help maintain a roster of professionally minded tenants who are simply more likely to treat your property with respect. The list goes on, but those are the big ones' points thoroughly covered (with a discernible sense of wraparound-porch charm, we might add) by 411 S. Candler Street in the City of Decatur, a historic, spit-polished, quintessentially Southern quadruplex that's ready to move into, just six minutes by bike from Decatur Square (with plenty of extra space for parking out back). Bottom line: we see each of these wood-floored, independently accessible, stainless appliance-equipped, one-bed/one-bath units renting for about $1,400 per month by today's market standard.

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    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX One Stop are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX One Stop. Data last updated: 2020-10-24T20:50:40.31.
    www.onestopmax.com/homes/110269087
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    411 S Candler St Decatur, GA 30030

    • Price: $875,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 8861248
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    1910
    Built
    Neighborhood:
    Oakhurst
    County:
    Dekalb
    Area:
    DEKALB
    Elementary School:
    Winnona Park
    Middle School:
    Renfroe
    High School:
    Decatur
    Property Description
    When it comes to incorporating real estate as a portion of your overall portfolio, there are a few boxes you want to tick to ensure that your investment is a worthwhile one. First, an ideal property is located in a perennial part of town, for instance, something close to Emory, Agnes Scott, and the CDC (not to mention the walkable lifestyle options offered by a neighborhood like Decatur) help ensure demand for the long run. Second, an investment-owner doesn't want a lot of surprises, so something newly renovated goes a long way toward ensuring that their investment doesn't become a money pit. Third, while single-family homes have long been the rage, there are downsides: there's a lot to be said for a multi-unit setup, where all of your tenants are under the same roof. Fourth, small units at competitive-but-substantial prices help maintain a roster of professionally minded tenants who are simply more likely to treat your property with respect. The list goes on, but those are the big ones' points thoroughly covered (with a discernible sense of wraparound-porch charm, we might add) by 411 S. Candler Street in the City of Decatur, a historic, spit-polished, quintessentially Southern quadruplex that's ready to move into, just six minutes by bike from Decatur Square (with plenty of extra space for parking out back). Bottom line: we see each of these wood-floored, independently accessible, stainless appliance-equipped, one-bed/one-bath units renting for about $1,400 per month by today's market standard.
    Exterior Features

    Construction Wood Siding Lot Dimensions 260 X 71

    Interior Features

    Basement Slab/None Bathrooms Full Unit1 0 Bathrooms Full Unit2 0 Bathrooms Full Unit4 0 Bathrooms Full Unit41 0 Bathrooms Half Unit1 0 Bathrooms Half Unit2 0 Bathrooms Half Unit3 0 Bathrooms Half Unit4 0 Bedrooms Unit1 0 Bedrooms Unit2 0 Bedrooms Unit3 0 Bedrooms Unit4 0 Cooling Source Electric Cooling Type Central Energy Related None Heating Source Gas Heating Type Central Laundry Mf Other (See Remarks) Stories 2 Stories Total Fin Area Unit4 0 Total Fireplaces 0 Total Units 0

    Property Features

    Acreage Source Public Record Amenities Boat/Camper/Van PrkgParkPlaygroundSidewalksStreet LightsWalk To MartaWalk To SchoolsWalk To Shopping Annual Association Fee 0 Annual Electricity Amount 0 Annual Gas Amount 0 Annual Gross Expense 0 Annual Gross Income 0 Annual Insurance 0 Annual Maintenance Amount 0 Annual Water Amount 0 Block 0 Construction Status Resale Date Of Possession At Closing District 0 Fees Include None Land Lot 0 Lot 0 Monthly Rent Unit1 1195 Monthly Rent Unit2 1250 Monthly Rent Unit3 1395 Monthly Rent Unit4 1295 Multi Type Quadruplex Property Class Multifamily Sale Or Rent For Sale Section 0 Special Conditions Investor Owned Tax Year 2019 Taxes 10809 Total Fin Area Unit1 0 Total Fin Area Unit2 0 Total Fin Area Unit3 0 Unit Lease Term1 None Unit Lease Term2 None Unit Lease Term3 None Unit Lease Term4 None Water Sewer Public WaterSewer In Street

    Listing provided courtesy of Compass. © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX One Stop are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX One Stop. Data last updated: 2020-10-24T20:50:40.31.
     
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