Monroe, GA 30655,407 Maple WAY
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Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
Monroe, GA 30655,407 Maple WAY
Dora Grubb
Dora Grubb

Agent | License ID: 323913

+1(404) 205-1808

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$ 1,928,524

$ 2,100,000 8.2%

Est. payment /mo
Sold on 08/28/2025

407 Maple WAY Monroe, GA 30655

2.32 Acres Lot


UPDATED:

Key Details

Sold Price $1,928,524

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Maple Place

MLS Listing ID 10474750

Sold Date 08/28/25

HOA Y/N No

Year Built 2004

Annual Tax Amount $32,021

Tax Year 2024

Lot Size 2.320 Acres

Acres 2.32

Lot Dimensions 2.32

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units - 8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just 3/4 of a mile from Monroe's charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.

Location

State GA

County Walton

Rooms

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street, Over 1 Space per Unit

Community Features None

Utilities Available Sewer Connected

View Y/N No

Garage No

Private Pool No

Building

Faces From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.

Sewer Public Sewer

Water Public

Structure Type Concrete

New Construction No

Schools

Elementary Schools Monroe

Middle Schools Carver

High Schools Monroe Area

Others

HOA Fee Include None

Tax ID M0110219

Special Listing Condition Resale


Georgia MLS - GAMLS
agent

Dora Grubb

Agent | License ID: 323913

+1(404) 205-1808

GET MORE INFORMATION

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Phone*
Message

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407 Maple WAY