Norcross, GA 30093,1175 Forest Vale DR
Norcross, GA 30093,1175 Forest Vale DR
Norcross, GA 30093,1175 Forest Vale DR
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Susan Verlander

Susan Verlander

+1(770) 855-5204
$ 850,000
Est. payment | /mo

0.41 Acres Lot

Save
$ 850,000
Est. payment | /mo
Save

0.41 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Forest Vale 01

MLS Listing ID 7695346

Construction Status Resale

HOA Y/N No

Year Built 1972

Annual Tax Amount $10,211

Tax Year 2024

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

Excellent investor opportunity in Gwinnett County. This two-story, residential income-producing quadruplex features four separate units and is currently tenant-occupied, providing immediate and consistent rental income. Functional unit layouts support long-term tenancy and stable occupancy, making this property well suited for investors seeking reliable cash flow.

Conveniently located in Norcross near everyday amenities and services. Approximately Gwinnett Place Mall (2 mi), The Forum on Peachtree Parkway (2.5 mi), and grocery stores and dining (1 mi). Nearby schools include Susan Stripling Elementary School (1 mi), Summerour Middle School (2 mi), and Norcross High School (2.5 mi). Close proximity to parks and community amenities further supports strong and ongoing rental demand.

This property presents a solid opportunity to add a multi-unit residential asset to an investment portfolio in an established Gwinnett County location. Existing occupancy minimizes downtime and allows for a smooth ownership transition.
Do not disturb tenants. Showings by appointment only.

Location

State GA

County Gwinnett

Area Forest Vale 01

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features Double Pane Windows

Exterior

Parking Features Parking Lot

Fence Back Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Other

Roof Type Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 9

Private Pool false

Building

Lot Description Private

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Resale

Schools

Elementary Schools Rockbridge - Gwinnett

Middle Schools Lilburn

High Schools Meadowcreek

Others

Senior Community no

Tax ID R6169 032

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan, Other

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan, Other

First Multiple Listing Service(FMLS)
Listed by Coldwell Banker Realty
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Southcreek Luxury Properties, LLC
Susan Verlander
+1(770) 855-5204
Bradford St NE, Gainesville, GA, 30501, USA
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+1(770) 855-5204
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Bradford St NE, Gainesville, GA, 30501, USA
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1175 Forest Vale DR