Pending

170 N Peachtree Street

Norcross GA, 30071

$1,899,000


$234.44 per sqft

Pending

8,100 sqft

Commercial

Built in 1964

Welcome to this charming multi-unit apartment building nestled in the heart of historic downtown Norcross, offering a perfect blend of contemporary living with a touch of old-world charm. Discover the ideal mix of city living and nature's tranquility conveniently located within walking distance of Thrasher Park, gourmet restaurants, trendy cafes and boutiques. This property boasts a collection of ten well-appointed units each designed for comfort and functionality. The building's historic architecture adds character and allure to the living spaces. Each unit has a spacious living area, two bedrooms, a full bathroom and an eat-in kitchen. Many of the units have been updated to ensure a comfortable living experience for residents. While nine of the units are currently leased, the additional unit is being renovated and will be leased after completion. Traditionally, Steele Apartments has a low vacancy rate. The desirable location enhances the property's value and rental potential. Tenants also enjoy the communal outdoor space, perfect for relaxation and social gatherings. With its desirable location and attractive features, this property presents an excellent investment opportunity for savvy investors. Don't miss out on the chance to own a piece of history in the vibrant downtown Norcross area. Schedule a viewing today and explore the endless possibilities Steele Apartments has to offer!

7367969

MLS ID

April 16, 2024

Listed

May 9, 2024

Updated

Map

170 N Peachtree Street
Norcross GA, 30071

Interior Features

Total Stories

3


Interior Features

Other


Floor Description

Carpet, Ceramic Tile, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.42 Acres


Lot Features

Free Standing


Roof

Other


Sewer

Public Sewer

Other Property Details

Taxes

$14,242


Tax Frequency

Annually


Days on Market

13


Garage

No


Parking

Parking Lot


Parking Total

22


View

Yes


View Description

Other


County

Gwinnett - GA


Water Source

Public


Pool

No


Zoning

Apart


Buyer Agency Compensation

2%

Green Building Features

Green Features

None

Listing History

Date

Event

Price

4/30/2024

Pending

Listed by Elizabeth Muetzelfeld with Peach State Realty 678-765-7785

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Data last updated 1:19 AM UTC, 5/9/2024

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