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499 Oak Way, Lawrenceville, GA 30046

$449,000
  • 499 Oak Way, Lawrenceville, GA 30046 Main Photo

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New to the Market New
BEDS0 BATHS MLS#10737253
STATUSNew PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONellis

Property Description

Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard. The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams-live in one unit and rent the other, or maximize returns with two tenants in place.

499 Oak Way | MLS# 10737253

This multi-family property located at 499 Oak Way, Lawrenceville, GA 30046 is currently listed for sale with an asking price of $449,000. Search Lawrenceville real estate on www.jybrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Ceiling Fan(s), Central Air, Electric
Garage: 5
Heating: Central
Lot Size: 0.50 Acres
Stories: 1.0
Taxes: $2,800
Year Built: 1971

Feature Descriptions

Days on Site: 3
Exterior: Stone Frame, Wood Siding
Foundation: Slab
Parking Notes: Off Street
Sewer: Septic Tank
Units: 2
Utilities: Electricity Billing Prorated, Gas Billing Prorated, Water Billing Prorated
Water: Public

Local Schools

High School: Central
Middle School: Moore
Elementary School: Holt

Listed By / Shown By

Listed By

Agency Name: Realty Professionals
Agency Phone: 770-491-1494

Shown By

Agency Title: Josey Young & Brady Realty, LLC
Agency Phone: 770-683-1800

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Estimated Payment

$ 1,363.57 per month $999.28 Principal & Interest $233.33 Property Tax $130.96 Homeowner's Insurance

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