Exceptional value-add quadruplex opportunity in rapidly growing Decatur, located within 1 mile of the new $29 million Candler Crossing shopping center featuring anchor tenant Publix along with additional retail and dining development. This four-unit multifamily property offers tremendous upside for investors seeking to renovate and reposition in a high-demand rental corridor.
The property consists of four 2-bedroom, 1-bathroom units, including two upstairs units featuring original hardwood floors. The property is currently vacant, allowing immediate access for renovations and repositioning without tenant disruption. All units require full renovation, creating the opportunity to significantly increase rental income and overall asset value.
A major capital improvement has already been completed with a new roof installed in 2024. Each unit is separately metered for gas and electricity, while the building is currently serviced by two water meters. Adding two additional water meters during renovation is recommended to further increase NOI and operational efficiency.
Located on the bus line with convenient access to I-20, this property is positioned in an area experiencing strong redevelopment, retail expansion, and increasing rental demand. A member of the corporate holding entity holds a Georgia Salesperson License.