Unbelievable investment property with potential Cap rate over 10% !! This four-plex features three updated turnkey units and one waiting on your vision. The two upstairs units are two bedroom one bath. The two basement units are studios each with two bonus rooms. If you are looking for a solid investment property look no further. The multiple units will generate a solid monthly income in the growing and popular area of Sugar Hill. This property is in walking distance of the Sugar Hill outdoor venue, restaurants and theaters. It is also close to Lake Lanier. Great schools make this a sought after location for renters. All residents of Sugar Hill have free access to the gym at the E-Center in downtown
Closed
$415,000
1154 Olivet Dr, Buford, GA 30518
4beds
4baths
--sqft
Quadruplex, Residential Income
Built in 1960
-- sqft lot
$452,700 Zestimate®
$--/sqft
$1,614 Estimated rent
Home value
$452,700
$421,000 - $484,000
$1,614/mo
Zestimate® history
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$2,605/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeff Bolhous,
Century 21 Results
Bought with:
Hannah Nguyen, 364797
International Real Estate Dream, LLC.
Source: FMLS GA,MLS#: 7296737
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central, Natural Gas
Cooling
- Window Unit(s)
Features
- Windows: Insulated Windows
Property
Parking
- Total spaces: 1
- Parking features: Varies by Unit
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.5 Acres
- Features: Level
Details
- Parcel number: R7306 084
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Stucco, Synthetic Stucco
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Walden Park
HOA
- Has HOA: No
Location
- Region: Buford
Financial & listing details
- Tax assessed value: $307,300
- Annual tax amount: $1,996
- Date on market: 11/3/2023
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/20/2023 | Sold | $415,000 |
Source:  FMLS GA #7296737 Report a problem | ||
| 11/8/2023 | Pending sale | $415,000 |
Source:  GAMLS #10221486 Report a problem | ||
| 11/3/2023 | Listed for sale | $415,000+167.7% |
Source: FMLS GA #7296737 Report a problem | ||
| 10/28/2002 | Sold | $155,000+181.8% |
Source: Public Record Report a problem | ||
| 8/9/1999 | Sold | $55,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,241 -1.1% | $122,920 |
| 2024 | $4,290 +47.4% | $122,920 +47.8% |
| 2023 | $2,911 +45.8% | $83,160 -17.3% |
| 2022 | $1,996 -2% | $100,600 +76.4% |
| 2021 | $2,036 +10.2% | $57,040 |
| 2020 | $1,848 | $57,040 +26.4% |
| 2019 | -- | $45,120 |
| 2018 | $1,785 +17.8% | $45,120 +18.7% |
| 2016 | $1,516 -1.1% | $38,000 |
| 2015 | $1,533 | $38,000 +171.4% |
| 2014 | $1,533 +154.4% | $14,000 |
| 2013 | $603 | $14,000 |
| 2012 | -- | $14,000 -75% |
| 2011 | -- | $56,040 |
| 2010 | -- | $56,040 |
| 2009 | -- | $56,040 |
| 2007 | -- | $56,040 +29.1% |
| 2006 | -- | $43,400 |
| 2005 | -- | $43,400 |
| 2004 | $777 -36.8% | $43,400 +29.6% |
| 2003 | $1,230 +2.8% | $33,480 |
| 2002 | $1,197 +29.7% | $33,480 +30.8% |
| 2001 | $922 | $25,600 |
Find assessor info on the county website
Neighborhood: 30518
Nearby homes
- $--2 bd1 ba800 sqft1154 Olivet Dr #B, Buford, GA 30518Off Market
- $239,8003 bd1 ba1k sqft1176 Olivet Dr, Buford, GA 30518Off Market
- $298,7003 bd2 ba1.2k sqft1156 Olivet Dr, Sugar Hill, GA 30518Off Market
- $318,1003 bd2 ba-- sqft1156 Olivet Dr #0, Sugar Hill, GA 30518Off Market
- $344,300-- bd-- ba2.2k sqft5339 Sycamore Rd, Buford, GA 30518Off Market
- $309,0003 bd2 ba1.3k sqft1186 Olivet Dr, Buford, GA 30518Off Market
- $350,0003 bd1 ba1k sqft5357 Sycamore Rd, Sugar Hill, GA 30518Sold
- $695,0002.28 Acres5305 Sycamore Rd #306, Buford, GA 30518Lot/Land
Nearby schools
GreatSchools rating
- 7/10Sycamore Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Lanier Middle SchoolGrades: 6-8Distance: 2.6 mi
- 8/10Lanier High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Sycamore
- Middle: Lanier
- High: North Gwinnett
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$452,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$452,700
- Georgia
- Gwinnett County
- Sugar Hill
- 30518
- 1154 Olivet Dr
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