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$512,500
Pending1610 Line Circle
Decatur, GA 30032
7.19% cap rate at the current asking price. HIGHEST & BEST REQUESTED BY 8/15/2026 | NO SHOWINGS WITHOUT UPDATED POF FULLY OCCUPIED 4-UNIT INVESTMENT PROPERTY established in Belvedere Park! All four units are 2BR/1BA and currently produce $4,745/month / $56,940 annually in gross rents. Seller-reported stabilized NOI is approximately $36,869, offering an attractive 7.19% cap. All units were fully updated as of March 2024, including HVAC, electrical, plumbing, flooring, appliances, lighting, and interior finishes. Each unit features an eat-in kitchen, laundry closet and functional 2BR/1BA layout. Electricity is individually metered through Georgia Power; water/sewer is on one master line with flat billing. HOA is approximately $280/month for the entire 4-unit building — not per unit. Interior foyer provides private access to all units, with covered rear patio space for the lower-level residences. Convenient to shopping, restaurants, public transportation, Downtown Decatur and surrounding redevelopment. Turnkey, income-producing asset with immediate cash flow and long-term upside. **Rent roll and seller-reported NOI available. Please do not disturb tenants.** Closing Atty: Heritage Closing Firm "THIS PROPERTY IS PURCHASED AS IS"
Property Details
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central
- Cooling Features
- Ceiling Fan(s), Central Air
- View
- Neighborhood
- Lot Features
- Level
- Stories
- 2
- Lot Description
- Level
- Acres
- 0.0887
- Lot Size (sqft)
- x
- Parking Features
- Attached
- Parking Type
- Garage
- Property Type
- Multi-Family
- Year Built
- 1961
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Sewer Available, Water Available
- Subdivision
- BELVEDERE PARK/LINE CIRCLE APTS
- Elementary School
- Dekalb - Other
- Middle School
- Dekalb - Other
- High School
- Dekalb - Other
- County
- Dekalb - GA
- Region
- Decatur
- Original List Price
- $600,000
- Taxes Annual
- $6,343
- MLS #
- 7775029
- Property Subtype
- Quadruplex
- Parcel Number
- 15 184 19 019
- MLS #
- 7775029
- Property Condition
- Resale
- Date Listed
- May 21, 2026
- Address
- 1610 Line Circle
Location
Legal
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Last Updated: Oct 2, 2026 1:33 PM. Source: FMLS
Listing Broker: Real Time Realty Of Georgia, LLC.; Danielle Moore; (404) 902-8935; super_agent@aol.com
Provided By (Buyer)
Buyer's Agent: Yanick Ramirez (#YANICKRAMIREZ)
Buyer's Office: Atlanta Communities (#ATCM02)

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