719 Burnt Creek Nw Drive, Lilburn, GA 30047

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Sold Price
$750,000
List Price
$775,000
Closing Date
Jun 30, 2026
MLS#
7766936
Status
CLOSED
Type
Multifamily
Subtype
Quadruplex
Lot Size
0.41
Subdivision
Le Morgatonne

Property Description

Whether you're an investor seeking a strong-performing asset or an owner-occupant looking to offset your mortgage with rental income, this property presents a rare opportunity. Currently 50% occupied, the property generates income today while providing the flexibility to lease the remaining units at market rents or occupy one unit yourself. The townhome-style floorplans are highly desirable among tenants, offering multi-level living, private entrances, and a residential feel that contributes to strong rental demand and tenant retention. Significant capital improvements have already been completed, including a brand-new roof, new water heaters, and new HVAC systems, helping to minimize future maintenance expenses and maximize returns. Two of the four units have been tastefully updated with renovated kitchens, new flooring, and updated vanities, making them attractive to today's renters and providing a blueprint for additional value-add opportunities in the remaining units. Investors will appreciate the property's proven rental appeal, low-maintenance improvements, and strong cash-flow potential once fully occupied. Owner-occupants can take advantage of a unique house-hacking opportunity by living in one unit while rental income from the others helps offset housing costs.

Additional Information

Stories
Two
Construction
Other
Year Built
1983
Neighborhood Amenities
None
Roof
Composition
Lot Dimensions
x 53
Parking
Varies by Unit
Lot Desc
Cul-De-Sac
Water
Public
Sewer
Public Sewer
Elementary School
Minor
Middle School
Sweetwater
High School
Berkmar
Acres
0.41
Levels
Two
Taxes
$9,600

Listing courtesy of LPT Realty, LLC. Selling Office: Mark Spain Real Estate.

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