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$--
--beds
--baths
4,554sqft
27,147sqft lot
1322 Sweet Pine Dr, Norcross, GA 30093
Member Features
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Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
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For Sale
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
4554
N/A
N/A
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
27147
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$5,087
$28,000
$82,880
--%
$110,880
2019
$4,922
$28,000
$82,880
--%
$110,880
2018
$4,879
$28,000
$82,880
--%
$110,880
2017
$5,001
$28,000
$82,880
--%
$110,880
2016
$4,295
$28,000
$64,000
--%
$92,000
2014
$4,359
$28,000
$64,000
--%
$92,000
2013
$3,639
$14,400
$57,600
--%
$72,000
2012
$3,484
$14,400
$57,600
--%
$72,000
Average Home Price in 30093
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