1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
1627 Line CIR, Decatur, GA 30032
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$524,900
Est. payment /mo
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3,863 Sqft Lot
Pending

1627 Line CIR Decatur, GA 30032

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Sherry Ajluni

Sherry Ajluni

+1(678) 283-1710

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Subdivision Belvedere Park

MLS Listing ID 7763237

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $6,860

Tax Year 2025

Lot Size 3,863 Sqft

Acres 0.0887

Property Sub-Type Quadruplex

Source First Multiple Listing Service

Property Description

Price improvement! Fully occupied 4-unit multifamily property in Decatur with all 2BR/1BA units and current in-place rents totaling $4,965/month, or $59,580 annualized. June and July rent have both been collected at the current rent roll, supporting the property's current stabilized income position. The property is located in an established rental area near shopping ( new Publix Coming), transit, and major roadways, offering immediate income with additional upside potential. Two units have been updated, including one unit fully renovated in 2024 with updated finishes, granite countertops, and stainless steel appliances. The remaining units offer additional upside through future cosmetic updates and rent growth. Each unit features a functional 2-bedroom, 1-bathroom layout with strong rental appeal. The property has four separate electric meters, with tenants paying electric, and one water meter currently handled through a flat billing structure. Regular HOA dues are approximately $280/month and include landscaping, trash, street lights, and road maintenance. Buyer-facing financials are available upon request. Please do not disturb tenants.

Location

State GA

County Dekalb

Area Belvedere Park

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Window Features None

Exterior

Parking Features Parking Lot, Paved

Fence None

Community Features Homeowners Assoc, Near Public Transport, Near Schools, Near Shopping, Sidewalks, Street Lights, Other

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Trees/Woods

Roof Type Shingle

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Sloped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Peachcrest

Middle Schools Mary Mcleod Bethune

High Schools Towers

Others

Senior Community no

Tax ID 15 184 19 014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Circumstances Agent Related to Seller

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Peachtree Rd.

NEARBY SCHOOL & BUSINESS

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Sherry Ajluni

Sherry Ajluni

Team Leader | License ID: 289349

+1(678) 283-1710

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1627 Line CIR

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