Property Description

4-Unit Multifamily Investment Opportunity in Norcross, Gwinnett County. Well-maintained brick quadruplex located in the established Sweet Pine community. The property is 100% occupied and generates approximately $93,600 in annual gross income, providing strong in-place cash flow with additional upside through future rent growth. Each unit features a spacious 2BR / 2.5BA townhouse-style layout with private entrances, washer and dryer hookups, outdoor deck and patio areas, fireplaces, and basement levels that provide additional space and storage. One basement is already fully finished and generating additional income. The remaining three basement levels offer significant value-add potential; once finished, units could achieve approximately $2,400 per month in rent. Recent capital improvements include a roof approximately 4 years old and HVAC systems replaced within the past 3-4 years. Utilities are separately metered for electricity and water with tenants responsible for payment, helping reduce operating expenses. No HOA and on-site assigned parking. Convenient Norcross location with strong access to I-85, major employment centers, shopping, and transportation corridors. Excellent opportunity for investors seeking a stabilized income-producing multifamily asset with additional value-add potential in Gwinnett County.

Property Features

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