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658 Spruce Dr, Pine Lake, GA 30072

$725,000

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
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: 3/2/2017
  • Added: 39 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