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$495,999
32 Days On Site

1409 Hillcrest Drive
Sugar Hill, GA 30518

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1964
Built
Subdivision:
None
County:
Gwinnett

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 770-309-6417
Is this the home for you? We can help make it yours.
770-309-6417
1409 Hillcrest Drive1409 Hillcrest Drive1409 Hillcrest Drive1409 Hillcrest Drive
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Prime Investment Opportunity – 8.6% Cap in Sugar Hill / Buford - use preferred lender for a DSCR LOAN!! An exceptional opportunity to acquire two income-producing units at 1409 Hillcrest Drive, offering a solid 8.6% cap rate in a high-demand market. This turnkey investment features significant capital improvements, delivering long-term value for investors. Updates, updates!! Updates include a conversion from septic to sewer!! (permits included), completely renovated bathrooms, and durable vinyl plank flooring in the lower level, ensuring tenant appeal and low maintenance - granite countertops in kitchens. Updated HVAC, new furnace, new tankless water heater! Key Features: • 2 Total Income-Producing Units in the thriving Sugar Hill / Buford market. • Capital Improvements: o Transitioned from septic to sewer with all permits included. o Fully renovated bathrooms and durable, modern finishes. • Convenient Location near shopping, dining, and major transportation routes. • All Units Tenant-Occupied, ensuring consistent cash flow. • 8.6% Cap Rate, making this property an attractive investment opportunity. • Financing Flexibility: Utilize a DSCR loan (Debt Service Coverage Ratio loan) through a preferred lender. Designed specifically for investors, this loan focuses on the property’s income potential rather than personal income, streamlining the qualification process. Additional Information: • Rent Roll and detailed property information are available upon request. • Showings by Appointment Only after an accepted offer during the due diligence period. Please do not disturb tenants. EXPAND YOUR PORTFOLIO!! 986 Level Creek Drive Property Also Available! For investors seeking to maximize income and streamline management, consider adding the Level Creek Drive Property, featuring 3 income-producing units, to your portfolio. This property includes a brick duplex and a detached yellow home, each with separate utilities. Together, the Hillcrest and Level Creek properties create a 5-unit portfolio with a combined 8.6% cap rate. Don’t miss this opportunity to secure a strong return on investment! Whether purchased individually or as part of a portfolio, the Hillcrest Drive property provides excellent rental income potential in one of Georgia’s most desirable markets. Let our preferred lender assist you with a seamless DSCR loan to make this investment a reality.

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Listing Snapshot
Price 
$495,999
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.53 Acres
Year Built 
1964
MLS® Number 
7508984
Status 
Active
Property Tax 
$2,617
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing first seen on site
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.53
Number Of Stories 
2
Parking 
CarportDriveway
Parking Spaces 
6
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
Stories 
Two
Utilities 
Cable AvailableElectricity AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
HardwoodWood
Furnished 
Unfurnished
Heating 
Central
Window Features 
Double Pane WindowsWood Frames
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Exterior Features
Construction Details 
Wood Siding
Fencing 
None
Lot Features 
LevelPrivate
Roof 
Composition
View 
Trees/WoodsOther
Waterfront Features 
None
Waterview 
Trees/WoodsOther
Windows/Doors 
Double Pane WindowsWood Frames
Community Features
Community Features 
RestaurantSidewalksStreet Lights
Financing Terms Available 
1031 ExchangeCashConventionalOwner May Carry
Schools
School District
Unknown
Elementary School
Sycamore
Middle School
Lanier
High School
Lanier
Listing Provided Courtesy Of: Cheryl Orielly of Your Home Sold Guaranteed Realty, LLC. cheryl@oriellysold.com

Listings identified with the FMLS IDX logo come from FMLS and 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.



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Neighborhood & Commute
Source: Walkscore
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Buying or Selling Real Estate in Atlanta contact Telmo Bermeo 770-309-6417

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