1345 Ronald Reagan Blvd new Save Request In-Person Tour Request Virtual Tour
Cumming,GA 30041
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7577154
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1987
Annual Tax Amount $3,643
Tax Year 2024
Lot Size 0.820 Acres
Acres 0.82
Property Sub-Type Duplex
Property Description
Income Producing Duplex! Just minutes off of the GA400 Exit at Buford Hwy (GA-20) and sitting directly across Ronald Reagan Blvd from Northside Hospital Forsyth campus this site is easily accessible and surrounded by medical facilities, shops, dining, and other businesses. Zoned R2R (Single Family Residential Restricted District) this is the only residential property on Ronald Reagan and as such sits within a residential character area, however, is directly adjacent to a major commercial character area. This .82ac piece is located within Forsyth County adjacent to city limits of Cumming and at the edge of Cumming's institutional and highway business districts with frontage along S. Forsyth Commercial Corridor, Ronald Reagan Blvd and less than 0.5mi from S. Forsyth Commercial Corridor, Buford Hwy (GA-20).
This property produces over $20,000 worth of rental income per year with a total of two tenants. Monthly expenses for property are approximately $1230.00.
Location
State GA
County Forsyth
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Garage
Fence None
Community Features None
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Waterfront Description None
View Other
Roof Type Other
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Mashburn
Middle Schools Lakeside - Forsyth
High Schools Forsyth Central
Others
Senior Community no
Tax ID 152 069
Special Listing Condition None