1409 Hillcrest DR

Sugar Hill, GA 30518

Prime DUPLEX Investment Opportunity - 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! An exceptional opportunity to acquire two income-producing units at 1409 Hillcrest Drive, offering a solid 8.6% cap rate in a high-demand market. This turnkey duplex features significant capital improvements, delivering long-term value for investors. Updates, updates!! Updates include a conversion from septic to sewer!! (permits included), completely renovated bathrooms, and durable vinyl plank flooring in the lower level, ensuring tenant appeal and low maintenance - granite countertops in kitchens. Updated HVAC, new furnace, new tankless water heater! Key Features: 2 Total Income-Producing Units in the thriving Sugar Hill / Buford market. Capital Improvements: Transitioned from septic to sewer with all permits included. Fully renovated bathrooms and durable, modern finishes. Convenient Location near shopping, dining, and major transportation routes. All Units Tenant-Occupied, ensuring consistent cash flow. 8.6% Cap Rate, making this property an attractive investment opportunity. Financing Flexibility: Utilize a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender. Designed specifically for investors, this loan focuses on the property's income potential rather than personal income, streamlining the qualification process. Showings by Appointment Only after an accepted offer during the due diligence period. Please do not disturb tenants. EXPAND YOUR PORTFOLIO!! 986 Level Creek Drive Property Also Available! For investors seeking to maximize income and streamline management, consider adding the Level Creek Drive Property, featuring 3 income-producing units, to your portfolio. This property includes a brick duplex and a detached yellow home, each with separate utilities. Together, the Hillcrest and Level Creek properties create a 5-unit portfolio with a combined 8.6% cap rate. Don't miss this opportunity to secure a strong return on investment! Whether purchased individually or as part of a portfolio, the Hillcrest Drive property provides excellent rental income potential in one of Georgia's most desirable markets. Let our preferred lender assist you with a seamless DSCR loan to make this investment a reality.

Listing courtesy of Your Home Sold Guaranteed Realty



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Data last updated at: 2024-10-30 12:00 AM UTC