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658 Spruce Dr, Pine Lake, GA 30072

$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 6 days ago
658 Spruce Dr, Pine Lake, GA 30072 View this property at 658 Spruce Dr, Pine Lake, GA 30072
658 Spruce Dr Pine Lake GA 30072

Map & Location

Street View

Property Description

Hot on the market is this great income opportunity. Positioned in the Hot Community of Pine Lake is this 5 Building Complex with 4 units in each building total of 20 units. Each unit features 2BD/1Bath at various stages of rehab. This is a great value add opportunity for the right investor looking for multifamily units. Currently development is 60 percent occupied. This development is priced to move so arrange a private viewing today.

Full Property Details for 658 Spruce Dr

  • Price: $725,000
  • Taxes: $8,792 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 8136734
  • Updated: 2/16/2017
  • Added: 6 day(s) ago

Property History

  • 658 Spruce Dr, Pine Lake, GA
  • Listed at $725,000 on 2/16/17

Interior

  • Appliances: Dishwasher, Range/Oven, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8
  • Bedrooms Upper: 2
  • Bedrooms-Up1: 2

Other Rooms

  • Laundry: Hookups in Unit

Additional Information

  • Shared Amenities: None

Parking

  • Parking Features: Parking Pad

Location

  • Area: DKE2
  • County: DeKalb
  • Subdivision: Spruce Ridge Apts
  • Driving Directions: Please mapquest

School Information

  • Elementary School: Rockbridge
  • Middle School: Stone Mountain
  • High School: Stone Mountain

Community

  • Community Features: None
  • Assoc. Fees Include: Garbage Pickup

Heating & Cooling

  • Cooling Type: Electric, Central Air Conditioning
  • Heating Type: Central
  • Heating Fuel: Gas

Utilities

  • Water/Sewer: Public Water, Sewer Connected
  • Utility Description: Individual Electric Meters

Structural Information

  • Construction Status: Resale
  • Construction: Brick/Frame
  • Basement Desc.: Crawl Space
  • Stories/Levels: 2 Stories
  • Stories Description: 2 Stories
  • Year Built: 1972

Unit Information

Unit 1

  • Additional Details: Dining Room, Living Room
  • Finished Square Feet: 899
  • Bedrooms: 2

Unit 2

  • Additional Details: Dining Room, Living Room
  • Finished Square Feet: 899
  • Bedrooms: 2

Unit 3

  • Additional Details: Dining Room, Living Room
  • Finished Square Feet: 899
  • Bedrooms: 2

Unit 4

  • Additional Details: Dining Room, Living Room
  • Finished Square Feet: 899
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.6
  • Lot Size Source: Public Record

Financial Considerations

  • Price Per Sq. Ft.: $1,208,333.33
  • Tax Amount: $8,792
  • Tax Year: 2016

Disclosures and Reports

  • Special Conditions: Investor-Owned

Listed by EW REAL ESTATE SERVICES LLC

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Estimate the Cost

658 Spruce Dr will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

658 Spruce Dr, Pine Lake, GA 30072 (MLS# 8136734) is a Multi-Family property with 20 units containing 8 bedrooms and 4 full bathrooms. 658 Spruce Dr is currently listed for $725,000 and was received on February 16, 2017. Want to learn more about 658 Spruce Dr? Do you have questions about finding other Multi-Family real estate for sale in Pine Lake? You can browse all Pine Lake real estate or contact a Coldwell Banker agent to request more information.

Listed by EW REAL ESTATE SERVICES LLC

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc. Last Updated Feb 23 2017 10:1AM

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Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2017 First Multiple Listing Service, Inc. Last Updated Feb 23 2017 10:1AM

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