Norcross, GA 30071,170 N Peachtree ST
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Norcross, GA 30071,170 N Peachtree ST
Norcross, GA 30071,170 N Peachtree ST
Norcross, GA 30071,170 N Peachtree ST
Norcross, GA 30071,170 N Peachtree ST
Listed by Elizabeth Muetzelfeld • Peach State Realty
Bought with Tuy Luong • Compass

$1,950,000

Est. payment /mo

$1,899,000

2.7%
Est.Price: ?

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170 N Peachtree ST Norcross, GA 30071

0.42 Acres Lot

SOLD DATE : 07/12/2024

Key Details

Sold Price $1,950,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Steele Apartments

MLS Listing ID 10282406

Sold Date 07/12/24

Construction Status Resale

Year Built 1964

Annual Tax Amount $14,034

Tax Year 2022

Lot Size 0.420 Acres

Property Description

Welcome to this charming multi-unit apartment building nestled in the heart of historic downtown Norcross, offering a perfect blend of contemporary living with a touch of old-world charm. Discover the ideal mix of city living and nature's tranquility conveniently located within walking distance of Thrasher Park, gourmet restaurants, trendy cafes and boutiques. This property boasts a collection of ten well-appointed units each designed for comfort and functionality. The building's historic architecture adds character and allure to the living spaces. Each unit has a spacious living area, two bedrooms, a full bathroom and an eat-in kitchen. Many of the units have been updated to ensure a comfortable living experience for residents. While nine of the units are currently leased, the additional unit is being renovated and will be leased after completion. Traditionally, Steele Apartments has a low vacancy rate. The desirable location enhances the property's value and rental potential. Tenants also enjoy the communal outdoor space, perfect for relaxation and social gatherings. With its desirable location and attractive features, this property presents an excellent investment opportunity for savvy investors. Don't miss out on the chance to own a piece of history in the vibrant downtown Norcross area. Schedule a viewing today and explore the endless possibilities Steele Apartments has to offer!

Location

State GA

County Gwinnett

Zoning Rm-Multi-Family Residence

Interior

Heating Forced Air

Cooling Central Air, Fans

Flooring Carpet, Hardwood, Tile

Exterior

Garage Parking Lot

Garage Spaces 22.0

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Composition

Building

Sewer Public Sewer

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

Special Listing Condition Estate Owned, Investor Owned, No Disclosure

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Georgia MLS (GAMLS)

Mischa Thompson

Agent | License ID: 395991

+1(478) 442-1429

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