407 maple wayMonroe, GA 30655

$2,300,000Price
2.3Acres
$2,300,000Price
2.3Acres

407 maple wayMonroe, GA 30655

Description

This is a rare chance to own a high-performing, income-generating property in a prime location! This 20-unit, 5-building development offers a diverse mix of spacious, in-demand rental units—8 units featuring 4 bedrooms and 3 baths, and 12 units offering 3 bedrooms and 2.5 baths. Several have been newly renovated, enhancing their appeal and market value. Each unit boasts an open-concept living and dining area, a well-sized kitchen, and thoughtful layouts that attract long-term tenants. 18 of the 20 units are already rented, providing immediate cash flow and stability for investors. Located just ¾ of a mile from Monroe’s charming historic downtown, residents enjoy easy access to quaint antique shops, boutiques, local dining, and rich history. This high-demand rental area ensures continued occupancy and strong appreciation potential. Financials, including rent rolls and lease agreements, are available upon request.

Property Details for 407 Maple Way

  • Subdivision ComplexMaple Place
  • Parking FeaturesParking Lot
  • Property AttachedNo
  • Waterfront FeaturesNone

LISTING UPDATED:

  • StatusActive Under Contract
  • MLS #7537309
  • Days on Site25
  • Taxes$32,021 / year
  • MLS TypeResidential Income
  • Year Built2004
  • Lot Size2.32 Acres
  • CountryWalton - GA

Location

GAMonroe30655407 Maple Way

Listing Courtesy of Keller Williams Realty Intown ATL - Community and Council

LISTING UPDATED:

  • StatusActive Under Contract
  • MLS #7537309
  • Days on Site25
  • Taxes$32,021 / year
  • MLS TypeResidential Income
  • Year Built2004
  • Lot Size2.32 Acres
  • CountryWalton - GA

Building Information for 407 Maple Way

Payment Calculator

$14,910 per month30 year fixed, 7.00% Interest
Principal and Interest$12,241.57
Property Taxes$2,668.42
HOA Dues$0

Term

Interest

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Down Payment

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Property Information for 407 Maple Way

Summary

Location and General Information

  • Community Features: None
  • Directions: From US-78 E take exit toward Monroe and turn right onto GA-11S/N Broad St. Turn left onto Sorrells St. Property on your right.
  • View: Other
  • Coordinates: 33.80538,-83.711679

School Information

  • Elementary School: Monroe
  • Middle School: Carver
  • High School: Monroe Area

Taxes and HOA Information

  • Parcel Number: M011000000219000
  • Tax Year: 2024
  • Tax Legal Description: 2.32AC

Parking

  • Open Parking: No

Interior and Exterior Features

Interior Features

  • Cooling: Central Air
  • Heating: Central
  • Levels/Stories: Two
  • Window Features: None

Exterior Features

  • Accessibility Features: None
  • Construction Materials: Cement Siding
  • Fencing: None
  • Roof Type: Composition
  • Security Features: None
  • Pool Private: No

Property

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Property and Assessments

  • Home Warranty: No
  • Property Condition: Resale

Green Features

  • Green Energy Efficient: None
  • Green Energy Generation: None

Lot Information

  • Lot Features: Cul-De-Sac
  • Waterfront Footage: None

Rental

Rent Information

  • Land Lease: No
  • Occupant Types: Tenant

Public Records for 407 Maple Way

Tax Record

Home Facts

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All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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