1409 Hillcrest Drive
Sugar Hill, GA 30518
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1964 build
- – on site
Prime DUPLEX Investment Opportunity Co 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! An exceptional opportunity to acquire two income-producing units at 1409 Hillcrest Drive, offering a solid 8.6% cap rate in a high-demand market. This turnkey duplex features significant capital improvements, delivering long-term value for investors. Updates, updates!! Updates include a conversion from septic to sewer!! (permits included), completely renovated bathrooms, and durable vinyl plank flooring in the lower level, ensuring tenant appeal and low maintenance - granite countertops in kitchens. Updated HVAC, new furnace, new tankless water heater! Key Features: Co 2 Total Income-Producing Units in the thriving Sugar Hill / Buford market. Co Capital Improvements: o Transitioned from septic to sewer with all permits included. o Fully renovated bathrooms and durable, modern finishes. Co Convenient Location near shopping, dining, and major transportation routes. Co All Units Tenant-Occupied, ensuring consistent cash flow. Co 8.6% Cap Rate, making this property an attractive investment opportunity. Co Financing Flexibility: Utilize a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender. Designed specifically for investors, this loan focuses on the propertyCOs income potential rather than personal income, streamlining the qualification process. Additional Information: Co Rent Roll and detailed property information are available upon request. Co Showings by Appointment Only after an accepted offer during the due diligence period. Please do not disturb tenants. EXPAND YOUR PORTFOLIO!! 986 Level Creek Drive Property Also Available! For investors seeking to maximize income and streamline management, consider adding the Level Creek Drive Property, featuring 3 income-producing units, to your portfolio. This property includes a brick duplex and a detached yellow home, each with separate utilities. Together, the Hillcrest and Level Creek properties create a 5-unit portfolio with a combined 8.6% cap rate. DonCOt miss this opportunity to secure a strong return on investment! Whether purchased individually or as part of a portfolio, the Hillcrest Drive property provides excellent rental income potential in one of GeorgiaCOs most desirable markets. Let our preferred lender assist you with a seamless DSCR loan to make this investment a reality.
Listing courtesy of GAMLS / Cheryl O'Rielly / Your Home Sold Guaranteed Realty
Last checked:
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Last updated Jan 15, 2025
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MLS# 10440333 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1964
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Construction Materials:Wood Siding
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Structure Type:Duplex
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Levels:Two
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Basement:Finished, Full
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Foundation Details:Block, Slab
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# of Units Total:2
Location
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Latitude:34.112772
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Longitude:-84.030984
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:0.53
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Lot Size Source:Public Records
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Parcel Number:R7305 229
Listing Agent
- Contact info:
- Agent phone:
- (678) 894-9744
- Office phone:
- (678) 894-9744
Taxes
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Tax Year:2023
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Tax Annual Amount:$2,617
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Sycamore
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Middle School:Lanier
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High School:Lanier
The Community
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Subdivision:None
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Community Features:Sidewalks, Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Carport
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Parking Total:6
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/15/25
Jan 15, 2025
|
Listed / Active | GAMLS | $495,999 | 120.4% (33.2% / YR) |
6/1/21
Jun 1, 2021
|
FMLS | $225,000 |