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    2480 Lofton Court

    Lawrenceville, GA 30044
    • $339,000
    • STATUS: Active
    • ON SITE: 31 days
    • MLS #: 6783921
    UPDATED: 8 min ago
    $339,000
    • 0
      BEDS
    • 18.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1999
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    High income rental home includes 18 acres of wooded flood plane along Yellow River. Total 5 bedrooms 4 full baths (5/4): 3/2 up, 2/2 down, including 1 bedroom 1 bath mini mother-in-law suite (hunter's lodge) w/ kitchen and W/D, currently vacant. Privacy fenced back yard w/ two 8 x 12' outbuildings. Access to backyard 18 acre nature preserve hunter's paradise. Potential equestrian estate. Truck accessible road over 2,174' along Yellow River w/ river access. $38,280 Potential Annual Rental Income, $29.880 Current Annual Rental Income = 9.0% cap rate. Property sold AS-IS No sign. Do not disturb tenant. Do not enter property. Property tour only upon signed contract during due diligence period.Please submit offers with both bank pre-approval letter and proof of down payment funds.Please include the following language in any offer: "Adjacent land tract included in sale is, subject to survey/subdivision, 18.0+/- acres further described as southern portion of Tax ID R5019 013, 54 Arnold Mill Rd, Lawrenceville, as recorded in Gwinnett Plat Book 54940 Page 124 and as further described in attached draft map.

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    2480 Lofton Court Lawrenceville, GA 30044

    • Price: $339,000
    • Status: Active
    • Updated: 8 min ago
    • MLS #: 6783921
    0
    Beds
    0
    Baths
    0
    ½ Baths
    18.32
    Acres
    1999
    Built
    Neighborhood:
    54 Arnold Rd
    County:
    Gwinnett
    Area:
    64 - Gwinnett County
    Elementary School:
    Craig
    Middle School:
    Five Forks
    High School:
    Brookwood
    Property Description
    High income rental home includes 18 acres of wooded flood plane along Yellow River. Total 5 bedrooms 4 full baths (5/4): 3/2 up, 2/2 down, including 1 bedroom 1 bath mini mother-in-law suite (hunter's lodge) w/ kitchen and W/D, currently vacant. Privacy fenced back yard w/ two 8 x 12' outbuildings. Access to backyard 18 acre nature preserve hunter's paradise. Potential equestrian estate. Truck accessible road over 2,174' along Yellow River w/ river access. $38,280 Potential Annual Rental Income, $29.880 Current Annual Rental Income = 9.0% cap rate. Property sold AS-IS No sign. Do not disturb tenant. Do not enter property. Property tour only upon signed contract during due diligence period.Please submit offers with both bank pre-approval letter and proof of down payment funds.Please include the following language in any offer: "Adjacent land tract included in sale is, subject to survey/subdivision, 18.0+/- acres further described as southern portion of Tax ID R5019 013, 54 Arnold Mill Rd, Lawrenceville, as recorded in Gwinnett Plat Book 54940 Page 124 and as further described in attached draft map.
    Exterior Features

    Construction Materials Other Fencing Back YardWood Lot Features Cul-De-SacLevelPrivateWooded Parking Features GarageLevel Driveway Roof Type Shingle Stories Two View River Waterfront Features River Front

    Interior Features

    Cooling Central Air Heating CentralNatural Gas

    Property Features

    Accessibility Features None Community Features Homeowners AssocNear SchoolsNear Trails/GreenwayStreet Lights Green Energy Efficient None Lake Name None Lot Size Dimensions X 37 Owner Financing Yes Property Condition Updated/Remodeled School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Public Sewer Special Circumstances Agent Related To SellerOwner/AgentSold As/Is Special Listing Conditions None Tax Year 2019 Taxes 2641.00 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableUnderground UtilitiesWater Available Water Source Public Waterfront Footage 2174

    Listing provided courtesy of Adva Real Estate William Bryan.


    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc. Data last updated 2020-10-21T00:03:37.57. For issues regarding this website, please contact BoomTown.
     
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