986 Level Creek RD Sugar Hill, GA 30518
UPDATED:
01/15/2025 04:42 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7509028
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1954
Annual Tax Amount $4,669
Tax Year 2023
Lot Size 0.700 Acres
Acres 0.7
Property Description
3 Income-Producing Units – Turnkey Investment Opportunity!
Prime Multi-Family Investment Opportunity – 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 property's 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:
• Two units in a 4-sided brick duplex (3-bedroom, 1-bathroom upstairs and 2-bedroom, 1-bathroom on the lower level) – Large Rooms and Closets!!
• 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:
• 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.
• Convenient Location near shopping, dining, and major transportation routes.
• All Units Tenant-Occupied, ensuring consistent cash flow.
• 8.6% Cap Rate, offering a strong return on investment.
• Financing Made Easy: Preferred lender offers a seamless DSCR loan option tailored to income-producing properties.
Additional Information:
• Rent Roll and detailed property information are available upon request.
• 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.
Don't miss this chance to secure a high-performing investment in one of Georgia's 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!
Location
State GA
County Gwinnett
Lake Name None
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Wood
Window Features Shutters
Exterior
Parking Features Driveway, Level Driveway
Fence None
Community Features Near Public Transport, Near Schools, Near Shopping, Sidewalks
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick,Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Sugar Hill - Gwinnett
Middle Schools Lanier
High Schools North Gwinnett
Others
Senior Community no
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
