499 Oak Way, Lawrenceville, GA 30046

499 Oak Way, Lawrenceville, GA 30046
Photo 1 of 27
$449,000
Beds Baths Sq. Ft. Taxes Built
0 $2,800 1971
On the market: 2 days

Est. Monthly Payment:

$2,921($2,688 + $233 taxes*)

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Exceptional cash-flowing duplex-style investment opportunity in Lawrenceville, GA. This property features two fully functional units with strong rental demand and built-in income potential. The property generates $45,456 in gross annual income with approximately $8,186 in annual expenses, producing a Net Operating Income (NOI) of $37,270. At an 8% cap rate, this supports an estimated value near $465,000. The main unit is a 3-bedroom, 1.5-bath home featuring LVP flooring, full kitchen with dishwasher, refrigerator, and electric stove, washer/dryer connections, ceiling fans in all rooms, and a large private backyard. The second unit is a separately accessed studio apartment with a full bath, dishwasher, refrigerator, separate HVAC system, and an included washer and dryer. Both units offer strong cell reception and reliable internet connectivity. Located just minutes from Lawrenceville Square, with convenient access to shopping, dining, and major retailers. Turnkey income property with dual revenue streams—live in one unit and rent the other, or maximize returns with two tenants in place.
Listing courtesy of Lee Foxworth, Realty Professionals, Inc.