407 maple wayMonroe, GA 30655

$2,300,000Price
2.3Acres
$2,300,000Price
2.3Acres

407 maple wayMonroe, GA 30655

Description

This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units - 8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just 3/4 of a mile from Monroe's charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.

Property Details for 407 Maple Way

  • Subdivision ComplexMaple Place
  • Parking FeaturesOff Street, Over 1 Space per Unit
  • Property AttachedNo

LISTING UPDATED:

  • StatusActive Under Contract
  • MLS #10474750
  • Days on Site61
  • Taxes$32,021 / year
  • MLS TypeResidential Income
  • Year Built2004
  • Lot Size2.32 Acres
  • CountryWalton

Location

GAMonroe30655407 Maple Way

LISTING UPDATED:

  • StatusActive Under Contract
  • MLS #10474750
  • Days on Site61
  • Taxes$32,021 / year
  • MLS TypeResidential Income
  • Year Built2004
  • Lot Size2.32 Acres
  • CountryWalton

Building Information for 407 Maple Way

Payment Calculator

$14,910 per month30 year fixed, 7.00% Interest
Principal and Interest$12,241.57
Property Taxes$2,668.42
HOA Dues$0

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Property Information for 407 Maple Way

Summary

Location and General Information

  • Community Features: None
  • Directions: From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.
  • Coordinates: 33.804554,-83.712036

School Information

  • Elementary School: Monroe
  • Middle School: Carver
  • High School: Monroe Area

Taxes and HOA Information

  • Parcel Number: M0110219
  • Tax Year: 2024
  • Association Fee Includes: None

Virtual Tour

    Parking

    • Open Parking: No

    Interior and Exterior Features

    Interior Features

    • Cooling: Central Air
    • Heating: Central
    • Basement: None
    • Levels/Stories: Two

    Exterior Features

    • Construction Materials: Concrete
    • Pool Private: No

    Property

    Utilities

    • Sewer: Public Sewer
    • Utilities: Sewer Connected
    • Water Source: Public

    Property and Assessments

    • Home Warranty: No
    • Property Condition: Resale

    Green Features

      Lot Information

        Multi Family

        • Number of Units To Be Built: Square Feet

        Rental

        Rent Information

        • Land Lease: No

        Public Records for 407 Maple Way

        Tax Record

        Home Facts