108 Fernbank Drive, Alpharetta, GA 30004

$415,000 Asking Price

3 beds
2 baths
1,563  sqft
Built in 1976

Strong performing property portfolio available for investor. Value add opportunity up to 178K bringing rents to current market rates. Current cash flowing $163K/yr. This is a portfolio opportunity only . Units not sold separately. Total for all 9 properties is $2.54M. The properties included in this package are 304 Elizabeth Lane (Spalding County), 428 Elizabeth Lane (Spalding County), 2030 Oak Park Lane (Dekalb County), 2237 Mark Trail (Dekalb County), 2169 Brannen Road (Dekalb County), 108 Fernbank (Forsyth County), 2435 Hawk Creek Trail (Forsyth County), 174 Cloud Street (Triplex Clayton County) and 176 Cloud Street (Duplex Clayton County). The agent is the owner of all the properties.


Features & Amenities

Interior

General:
High Ceilings, Master On Main Level
Appliances:
Dishwasher, Refrigerator
Laundry:
In Garage
Basement:
Crawl Space
Flooring:
Hardwood, Carpet
A/C:
true, Ceiling Fan(s), Central Air
Heating:
true, Natural Gas
Fireplace:
Family Room, Fireplace, Fireplaces: 1

Exterior

General:
Other
Style:
Brick 4 Side, Ranch, Traditional
Parking:
Carport, Parking spaces: 1

Construction

Roofing:
Composition
General:
Brick, One

Location

HOA Amenities:
0.0
Originating MLS:
Georgia MLS 2
County:
Forsyth

Lot

Zoning:
020 106

Utilities

Utilities:
Underground Utilities, Cable Available, Electricity Available, Natural Gas Available, Water Available, Electricity on Property
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Georgia MLS 2
Buyers Agent Compensation:
3 %

This listing courtesy of:
Century 21 Results, Elaine Anderson

About Alpharetta, GA

Housing

Number of Units
73,144
Median Home Value
$456,916
Median Rent
$1,395

28.47% of housing units are renter occupied.

4.79% are vacant.

Commute

Car
52.40%
Public Transportation
0.71%
Walk to Work
0.68%
Work from Home
45.30%
Other
0.69%

The median travel time to work is 18 minutes.

People

Population
195,994
Median Age
40.20
Median Household Size
3.07

Education

High School
8.89%
Associate’s Degree
5.17%
Bachelor’s Degree
41.30%
Graduate Degree
28.45%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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