$960,000

1322 Sweet Pine Drive, Norcross, GA 30093

Multi-Family Home
Built in 1985
0.62acre lot
—— car garage
$——/sqft
Listed 24 days ago

Property Description

4-Unit Multifamily Investment Opportunity in Norcross, Gwinnett County. Well-maintained brick quadruplex located in the established Sweet Pine community. The property is 100% occupied and generates approximately $93,600 in annual gross income, providing strong in-place cash flow with additional upside through future rent growth. Each unit features a spacious 2BR / 2.5BA townhouse-style layout with private entrances, washer and dryer hookups, outdoor deck and patio areas, fireplaces, and basement levels that provide additional space and storage. One basement is already fully finished and generating additional income. The remaining three basement levels offer significant value-add potential; once finished, units could achieve approximately $2,400 per month in rent. Recent capital improvements include a roof approximately 4 years old and HVAC systems replaced within the past 3-4 years. Utilities are separately metered for electricity and water with tenants responsible for payment, helping reduce operating expenses. No HOA and on-site assigned parking. Convenient Norcross location with strong access to I-85, major employment centers, shopping, and transportation corridors. Excellent opportunity for investors seeking a stabilized income-producing multifamily asset with additional value-add potential in Gwinnett County.

Listing Status:: Active
Date Added:: March 10, 2026
Data Last Updated:: April 3, 2026 at 7:06AM
Listing Office:: Joseph Walter Realty, LLC : 888-227-1009
Listing Agent:: Scott W Fader : 888-227-1009
MLS ID:: 10706932

A/C: Ceiling Fan(s)ElectricGas
Heating: CentralNatural Gas
Fireplace: Fireplaces: 0

Parking: Assigned

General: BrickTwo

HOA Amenities: None
Originating MLS: Georgia MLS 2
County: Gwinnett

Zoning: R6183 097

Utilities: Electricity Individual MetersGas Individual MetersWater Individual Meters
Water: Public
Sewer: Public Sewer

Source: Georgia MLS 2

This listing courtesy of Scott W Fader , Joseph Walter Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Minor Elementary School

4129 Shady Dr NW, Lilburn, GA, 30047

Grades KG-5

0.89 miles away

Berkmar Middle School

4355 Lawrenceville Hwy NW, Lilburn, GA, 30047

Grades 6-8

1.82 miles away

Berkmar High School

405 Pleasant Hill Rd NW, Lilburn, GA, 30047

Grades 9-12

1.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.