986 Level Creek Road
Sugar Hill, GA 30518
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1954 build
- – on site
Prime MULTI-FAMILY Investment Opportunity Co 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! 3 Income-Producing Units Co Turnkey Investment Opportunity! Prime Multi-Family Investment Opportunity Co 8.6% Cap in Sugar Hill / Buford! An exceptional opportunity to acquire three income-producing units at Level Creek Drive, offering a solid 8.6% cap rate in a high-demand market. Financing Flexibility!!! Investors can take advantage of a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender, focusing on the propertyCOs income potential rather than personal income, streamlining the qualification process for this profitable investment. (Please see below about expanding your portfolio as well.) This property offers excellent rental income potential, featuring: Co Two units in a 4-sided brick duplex (3-bedroom, 1-bathroom upstairs and 2-bedroom, 1-bathroom on the lower level) Co Large Rooms and Closets!! Co An additional detached 2-bedroom, 1-bathroom yellow home apartment, situated above a 2-car garage just behind the main duplex. Each of the 3 units operates on separate utilities, simplifying property management for investors. Key Features: Co 3 Total Income-Producing Units in the thriving Sugar Hill / Buford market. o Brick Duplex: Two units rented separately (upper and lower levels). o Detached Yellow Home: A standalone rental unit located behind the duplex. Co Convenient Location near shopping, dining, and major transportation routes. Co All Units Tenant-Occupied, ensuring consistent cash flow. Co 8.6% Cap Rate, offering a strong return on investment. Co Financing Made Easy: Preferred lender offers a seamless DSCR loan option tailored to income-producing properties. 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!!! 1409 Hillcrest Drive Property Also Available: For investors looking to maximize income and streamline management, the Hillcrest Drive Property Duplex is also available. This turnkey duplex features 2 income-producing units with significant capital improvements, including a conversion from septic to sewer and fully renovated interiors!! Updated HVAC, new furnace, new tankless water heater!! Purchasing both properties together creates a 5-unit portfolio with strong income potential and a combined 8.6% cap rate. DonCOt miss this chance to secure a high-performing investment in one of GeorgiaCOs most desirable markets! Whether purchased individually or as part of a portfolio, the Level Creek Drive property provides outstanding rental income potential. Work with our preferred lender to take advantage of a DSCR loan and make this opportunity yours today!
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# 10440358 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1954
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Construction Materials:Brick
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Structure Type:Triplex
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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:3
Location
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Latitude:34.101803
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Longitude:-84.040176
The Property
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Property Type:Residential Income
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Property Condition:Resale
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Lot Size Acres:0.7
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Lot Size Source:Public Records
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Parcel Number:R7291-086
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:$4,669
Heating & Cooling
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Heating:Central
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Sugar Hill
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Middle School:Lanier
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High School:North Gwinnett
The Community
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Subdivision:None
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Community Features:Sidewalks, 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:Side/Rear Entrance
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 | $695,999 | 46.5% (13.5% / YR) |
8/2/21
Aug 2, 2021
|
FMLS | $475,000 | ||
7/16/21
Jul 16, 2021
|
Pending | GAMLS |