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$695,999
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Property Description
Prime MULTI-FAMILY Investment Opportunity - 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! 3 Income-Producing Units Co Turnkey Investment Opportunity! Prime Multi-Family Investment Opportunity - 8.6% Cap in Sugar Hill / Buford! An exceptional opportunity to acquire three income-producing units at Level Creek Drive, offering a solid 8.6% cap rate in a high-demand market. Financing Flexibility!!! Investors can take advantage of a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender, focusing on the property's income potential rather than personal income, streamlining the qualification process for this profitable investment. (Please see below about expanding your portfolio as well.) This property offers excellent rental income potential, featuring: Two units in a 4-sided brick duplex (3-bedroom, 1-bathroom upstairs and 2-bedroom, 1-bathroom on the lower level) - Large Rooms and Closets!! An additional detached 2-bedroom, 1-bathroom yellow home apartment, situated above a 2-car garage just behind the main duplex. Each of the 3 units operates on separate utilities, simplifying property management for investors. Key Features: 3 Total Income-Producing Units in the thriving Sugar Hill / Buford market. o Brick Duplex: Two units rented separately (upper and lower levels). o Detached Yellow Home: A standalone rental unit located behind the duplex. Convenient Location near shopping, dining, and major transportation routes. All Units Tenant-Occupied, ensuring consistent cash flow. 8.6% Cap Rate, offering a strong return on investment. Financing Made Easy: Preferred lender offers a seamless DSCR loan option tailored to income-producing properties. Additional Information: Showings by Appointment Only after an accepted offer during the due diligence period. Please do not disturb tenants. EXPAND YOUR PORTFOLIO!!! 1409 Hillcrest Drive Property Also Available: For investors looking to maximize income and streamline management, the Hillcrest Drive Property Duplex is also available. This turnkey duplex features 2 income-producing units with significant capital improvements, including a conversion from septic to sewer and fully renovated interiors!! Updated HVAC, new furnace, new tankless water heater!! Purchasing both properties together creates a 5-unit portfolio with strong income potential and a combined 8.6% cap rate. Don't miss this chance to secure a high-performing investment in one of Georgia's most desirable markets! Whether purchased individually or as part of a portfolio, the Level Creek Drive property provides outstanding rental income potential. Work with our preferred lender to take advantage of a DSCR loan and make this opportunity yours today!
Full Property Details
Full Property Details for 986 Level Creek Rd
General
- Price: $695,999
- Taxes: $4,669 (2023)
- Status: Active
- Type: Triplex
- Source: GAMLS_Atlanta
- MLS ID: 10440358
- Updated: 1/29/2025
- Added to Site: 32 day(s) ago
Parking
- Parking Features: Side/Rear Entrance
Location
- County: Gwinnett
- Driving Directions: From Atlanta 85 North to exit 111 Lawrenceville Suwanee Road to right Peachtree Industrial Blvd, , left on Spring Hill Drive, right on Level Creek Road.
School Information
- Elementary School: Sugar Hill
- Middle School: Lanier
- High School: North Gwinnett
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Electricity Individual Meters, Individual Gas Meters, Sewer Connected, Individual Water Meters
Structural Information
- Construction Status: Resale
- Basement: Yes
- Basement Desc.: Finished, Full
- Stories/Levels: Two
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.7
- Lot Size Range: .7
- Lot Size Source: Public Records
Water Features
- Water Front Name: NONE
Financial Considerations
- Tax Amount: $4,669
- Tax Year: 2023
Disclosures and Reports
- Special Conditions: Agent/Seller Relationship
Listing Courtesy of: Your Home Sold Guaranteed Realty
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Schools
Schools serving 986 Level Creek Rd
School District:Gwinnett County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
939 Level Creek Rd, Sugar Hill, GA 30518 | K-5 | 0.1 mi | |
6482 Suwanee Dam Rd, Buford, GA 30518 | 6-8 | 3.5 mi | |
918 Buford Hwy, Sugar Hill, GA 30518 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 986 Level Creek Rd
Date
Details
Price
Change
Source
1/15/2025
Listed
$695,999
87.95%
MLS
1/20/2022
Sold
$370,313
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 986 Level Creek Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,656
—
$133,400
—
2023
$4,669
31%
$133,400
31%
2022
$3,566
8%
$101,880
10%
2021
$3,312
-13%
$92,760
—
2020
$3,813
19%
$92,760
16%
2019
$3,204
-1%
$80,240
—
2017
$3,239
12%
$80,240
11%
2016
$2,897
-1%
$72,040
—
2015
$2,930
15%
$72,040
17%
2014
$2,543
—
$61,760
—
2013
$2,546
—
$61,760
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 986 Level Creek Rd
986 Level Creek Road, Sugar Hill, GA 30518 (MLS# 10440358) is a Triplex property with 0 bedrooms and 0 full bathrooms. 986 Level Creek Road is currently listed for $695,999 and was received on January 15, 2025. Want to learn more about 986 Level Creek Road? Do you have questions about finding other Triplex real estate for sale in Sugar Hill? You can browse all Sugar Hill real estate or contact a Coldwell Banker agent to request more information.