Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
Listed By
Agency Name: Chapman Hall Realtors Alpharetta
Agency Phone: 678-242-5233
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Estimated Payment
$ 1,261.61 per month $745.56 Principal & Interest $418.33 Property Tax $97.71 Homeowner's Insurance
1151 Canal Street | MLS# 7829764
This multi-family property located at 1151 Canal Street, Decatur, GA 30032 is currently listed for sale with an asking price of $335,000. Canal Street is located within the Peachcrest - Towers school district. Search Decatur real estate on www.clcommercialrealestate.com today.