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About This Home
This 0-bedroom, 0-bathroom residential multi family at 499 Oak Way in Lawrenceville, GA is listed for $449,000. Built in 1971, on a 0.50 acres lot.
Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270.
At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard.
The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams-live in one unit and rent the other, or maximize returns with two tenants in place.
Key Features
- Built in 1971
- 0.50 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
499 Oak Way
Lawrenceville, GA 30046
ellis
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 499 Oak Way is listed at $449,000. The estimated monthly payment is $1,946 based on 20% down at 6.5% interest.
Key features include: Built in 1971, 0.50 acre lot.
This property is listed by Lee Foxworth and can be reached at (770) 491-1494 or lfoxworth62@gmail.com.
