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Multi-Family (2-4 Units)
Calling all investors & visionaries! EXCEPTIONAL OPPORTUNITY in the highly desired neighborhood of Winnona Park in the City of Decatur s award-winning school district. Located on a double corner lot (0.7 acres), this offering includes TWO TURN-KEY DUPLEXES (*Sales price includes adjacent duplex w/same floor plan at 406 S Columbia. Both 402 & 406 are sold together) totaling FOUR UNITS (2BR/1BA), three of which are occupied and one vacant. Each unit is separately metered for gas & electric and has two levels of functional, well-maintained living space, with its own rear patio and fenced-in backyard area. Enjoy original hardwoods in the open-concept living/dining area, kitchen (w/gas range, refrigerator & W/D connections), tiled bathrooms, double-paned energy efficient windows & ample parking. Bordering an upcoming multi-use trail that will connect Decatur & Avondale Marta Station and directly adjacent to the highly anticipated 77-acre Legacy Park, this is a rare and undeniably convenient find! Walk to Winnona Park Elementary, Talley St Upper Elementary, restaurants, breweries, shopping, additional parks/trails, public transportation (including MARTA) & everything downtown Decatur AND Avondale have to offer! Purchase as an income-generating rental property with good cash flow, construct the corner lot house of your dreams, keep the two front properties as rentals and possibly subdivide the back portion of the lot OR possibly subdivide the land into 3 separate lots for new residential construction (as they have done across the street). This is a one of a kind find. The opportunities are truly endless!!
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Multi-Family (2-4 Units)
located at 402 S Columbia Drive, Decatur, GA
is currently for sale.
402 S Columbia Drive, Decatur is listed
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