2060 Nettie Court, Decatur

FULLY RENOVATED all-brick quadruplex less than 4 miles from Downtown Decatur. The property was gutted completely down to the studs and everything is brand new, including all new HVAC systems, windows, and all appliances, so utility bills are all very low. No expense was spared during the renovation and it shows - beautiful matching granite countertops in all kitchens and bathrooms, elegant matching tile in all of the showers, luxury engineered vinyl planking throughout each unit, and to top it off, a dedicated washer/dryer space in each individual unit! Two units are currently leased with wonderful tenants ($1,500 and $1,200 per month, respectively), and the two vacant units most recently rented for $1,700 and $1,500 per month, respectively, so total expected income when fully occupied is $5,900/mo. Transitioning the property to a short-term rental would generate a whopping estimated $11,070/mo total (assuming $130 average nightly rate and 70% occupancy). 4-unit homes in the area are very rare, especially with such high total rents, so this one is expected to go very quickly.