NOT LISTED FOR SALE

22 Pratt St Newnan, GA 30263

12 Beds
8 Baths
-- Sq Ft
0.36 Acres

Last Sold March 15, 2024

Last sale price $720,000

51 Days on Market

About This Home

As of March 2024

Have you been looking for an already established income producing Quadruplex? Look no further this IS IT!! This property has already been rehabbed. Here are just a few highlights of the property renovations; NEW (Windows, Doors, Vents, Gutters, Porch Post, Siding, Fire Alarm System, Plumbing all units, Central Dual Zoned HVAC, Electric Wiring, Panels, Recessed Lighting, Insulation, Sheetrock (Double Layer Firewalls), Kitchen Appliances, Kitchen Vanities with Granite Tops, Bathrooms and New Blinds throughout. All units are 3 bedroom 1.5 Bath with 1,400 sq.ft 2 story Townhome style. All utilities are paid by tenant (Individual Water and Electric Meters) Only 1 turnover since 2021....All units leases have be renewed and signed in November 2023. So all you have to do is purchase and collect. What better way to start the New Year than with an income producing Quadruplex!

Last Agent to Sell the Property

Tony Tanksley

Norluxe Realty License #378240 Listed on: 01/08/2024

Norluxe Realty

Last Buyer's Agent

MELANIE GURLEY

Atlanta Communities License #282203

Atlanta Communities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1983

Lot Details

  • 0.36 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan

Schools

  • Ruth Hill Elementary School
  • Smokey Road Middle School
  • Newnan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection
  • Tax Lot 4

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Building Details

  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,717

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Financing Type: Cash
  • Levels: Multi/Split
  • Lot Size Acres: .36
  • Structure Type: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Price Per Square Foot: 2180555

Exterior Features

  • Construction Materials: Brick
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Ruth Hill
  • High School: Newnan
  • High School Bus: Yes
  • Middle School: Smokey Road
  • Middle School Bus: Yes
  • Elementary School: Ruth Hill
  • Middle School: Smokey Road
  • High School: Newnan

Lot Info

  • Lot: 4
  • Deed Book: 5320
  • Deed Page: 285

Rental Info

  • Owner Pays: Trash Collection

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1716.55

Multi Family

  • GrossIncome: 6000
  • NumberOfUnitsTotal: 4

MLS Schools

  • Elementary Bus Line: Yes

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $720,000 -4.6% --
02/28/2024 02/28/24 Pending -- -- --
02/25/2024 02/25/24 Price Changed $755,000 -3.8% --
01/08/2024 01/08/24 For Sale $785,000 +423.3% --
05/10/2021 05/10/21 Sold $150,000 -14.3% -- View Prior Sale
04/23/2021 04/23/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $175,000 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Tanksley

    Seller's Agent in 2024

    Tony Tanksley

    Norluxe Realty

    (404) 808-2419

    52 Total Sales

    Tony Tanksley
    Section Image
  • MELANIE GURLEY

    Buyer's Agent in 2024

    MELANIE GURLEY

    Atlanta Communities

    (770) 596-5965

    173 Total Sales

    MELANIE GURLEY
    Section Image
  • Tripura Reddy

    Seller's Agent in 2021

    Tripura Reddy

    AllTrust Realty, Inc.

    (732) 423-9473

    88 Total Sales

    Tripura Reddy
    Section Image
  • Nathan Monett

    Buyer's Agent in 2021

    Nathan Monett

    Bolst, Inc.

    (801) 508-8588

    22 Total Sales

    Nathan Monett
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20165703

Georgia MLS
Georgia Coweta County Newnan 30263

22 Pratt St, Newnan, GA

This home is located at 22 Pratt St, Newnan, GA 30263 since 08 January 2024. This property was built in 1983. 22 Pratt St is a home located in Coweta County with nearby schools including Ruth Hill Elementary School, Smokey Road Middle School, and Newnan High School.

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