Exceptional Investment Opportunity in Norcross - Rare Quadruplex! Discover an outstanding investment opportunity in the heart of Norcross! This well-maintained 4-unit property boasts a two-sided brick exterior, 8 off-street parking spaces, back patios for each unit, freshly painted exterior doors and windows, and a new roof with a 20-year warranty. All HVAC UNITS are well maintained and recently serviced. Each townhome-style residence offers 2 bedrooms and 2.5 bathrooms, located in a high-rental demand area promising long-term appreciation. The total monthly income is $5,490, with long-term tenants on yearly leases that include annual rent increases, making this property a solid investment. Each unit features washer and dryer hook-ups, upstairs, 2 roommate-style bedrooms with 2 bathrooms, a spacious living room with a fireplace, a dining room, a large kitchen overlooking the dining area, and a guest half bathroom on the lower level. The utilities are separately metered and there is no HOA......This property offers the flexibility to rent out all units or live in one while renting out the others, catering to savvy buyers or investors interested in expanding their portfolio. Don’t miss out on this must-see Quadruplex!
Multi-familyProperty Type
1983Year Built
0.48 acresLot Size
8 spacesParking
Listed by HOSSANA KEBEDE• Coldwell Banker Realty
Bought with Adonay Semere• Realty Professionals, Inc.
Source:FMLS #7433914
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Exceptional Investment Opportunity in Norcross - Rare Quadruplex! Discover an outstanding investment opportunity in the heart of Norcross! This well-maintained 4-unit property boasts a two-sided brick exterior, 8 off-street parking spaces, back patios for each unit, freshly painted exterior doors and windows, and a new roof with a 20-year warranty. All HVAC UNITS are well maintained and recently serviced. Each townhome-style residence offers 2 bedrooms and 2.5 bathrooms, located in a high-rental demand area promising long-term appreciation. The total monthly income is $5,490, with long-term tenants on yearly leases that include annual rent increases, making this property a solid investment. Each unit features washer and dryer hook-ups, upstairs, 2 roommate-style bedrooms with 2 bathrooms, a spacious living room with a fireplace, a dining room, a large kitchen overlooking the dining area, and a guest half bathroom on the lower level. The utilities are separately metered and there is no HOA......This property offers the flexibility to rent out all units or live in one while renting out the others, catering to savvy buyers or investors interested in expanding their portfolio. Don't miss out on this must-see Quadruplex!
FMLS #7377951
Jul 12, 2024
Rental Removed
$1,495
Apr 30, 2024
Listed for Rent
$1,495
FMLS #3634980
Apr 28, 2008
Sold
$298,000
Jan 16, 2008
Listed
$309,900
Very nice Quad-plex in Great condition. All units rented. New carpet, paint, microwave, refigerator, gas cooking, and Double pane windows. These units rent quickly and this building has great Rd. frontage. Just minutes from I-85, and tons of shopping. Great investment.
Public Records
Jul 26, 2004
Sold
$287,800
Public Records
Oct 29, 1985
Sold
$234,000
Year
Property tax
Land + Additions
Assessment*
2025
$7,571 (−0.9%)
$73,840 + $221,840
$295,680
2024
$7,643 (+0.6%)
$73,840 + $252,160
$326,000
2023
$7,595 (+75.3%)
$66,800 + $113,200
$180,000
2014
$4,333 (+19.9%)
$28,000 + $64,000
$92,000
2013
$3,613 (+4.4%)
$14,400 + $57,600
$72,000
2012
$3,459 (−42.8%)
$14,400 + $57,600
$72,000
2010
$6,048 (+35.8%)
$14,400 + $57,600
$72,000
2009
$4,452
$27,200 + $108,760
$135,960
2008
$4,452
$27,200 + $108,760
$135,960
Tax history for 1502 Harbins Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,571 (−0.9%)
$73,840 + $221,840
$295,680
2024
$7,643 (+0.6%)
$73,840 + $252,160
$326,000
2023
$7,595 (+75.3%)
$66,800 + $113,200
$180,000
2014
$4,333 (+19.9%)
$28,000 + $64,000
$92,000
2013
$3,613 (+4.4%)
$14,400 + $57,600
$72,000
2012
$3,459 (−42.8%)
$14,400 + $57,600
$72,000
2010
$6,048 (+35.8%)
$14,400 + $57,600
$72,000
2009
$4,452
$27,200 + $108,760
$135,960
2008
$4,452
$27,200 + $108,760
$135,960
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.