1151 Canal Street, Decatur, GA 30032
- $335,000
- List Price
- $335,000
- MLS#
- 10838344
- Type
- Multifamily
- City
- Decatur
- County
- Dekalb
- Subdivision
- Panama Park
- Year Built
- 1950
Property Description
Rare investment opportunity with immediate cash flow and long-term value potential! This duplex is conveniently located less than one mile from I-285 with easy access to Decatur, Downtown Atlanta, and major employment centers. Each unit has 2-bedrooms and 1-bath, with a separate laundry/utility room. One unit currently rents for $1,245/month, lease expiring on 7/31/2027. The other unit is below market since this is a 5+ year tenant, currently rents for $1,020/month, expiring on 12/31/2026. Water is not separated and is paid by the landlord, however all other utilities are separated and paid by tenants. Crawlspace is encapsulated with a commercial dehumidifier. Property is being sold As-Is; owner is an investor and has never lived at the property; no Seller's Disclosures are provided.
Additional Information
- Elementary School
- Peachcrest
- High School
- Towers
- Parking
- Off Street
- Basement Type
- Crawl Space
- Stories
- 1 Story
- Fees Include
- None
- Tax Year
- 2025
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Listing courtesy of Chapman Hall Realtors Alpharetta.
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