Brick
For Sale
$560,000
1154 Olivet Drive, Buford, GA 30518
Three updated residences offer two- and three-bedroom layouts, kitchens, and laundry areas.
Property SizeContact for details
Days on Market34
Property Features for 1154 Olivet Drive
General Information
Standard status
Active
Property subtype
Multi Family,Triplex
Taxes and HOA fees
Annual Taxes
$4,664
Building Details
Year Built
1960
Listing Agency:
International Real Estate Dream
Listed By:
Hayes & Reich Luxury Property Group
(770) 595-3000
Source:
Hayesreich
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 27 at 3:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of International Real Estate Dream
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Investment Insights
Based on property information with market context.
This three-unit brick property, built in 1960, has two upstairs residences with two bedrooms and one bathroom each, plus a lower-level residence with three bedrooms and two bathrooms. Interiors include updated bathrooms, luxury vinyl plank flooring, kitchens, laundry areas, and living rooms. The building exterior was recently painted, and gutters and the driveway have been replaced. Each unit has 2+ parking spots, and residents share a backyard. The property is all-electric; Units B and C have upgraded electrical panels, and power and water are included in their rents.
Annual leases are in place. The stated cap rate is 8.9%. The property is within walking distance of the Sugar Hill outdoor venue, restaurants, and theaters, with Lake Lanier nearby. Unit C is the only unit available for showing; Units A and B may be viewed during due diligence.
Annual leases are in place. The stated cap rate is 8.9%. The property is within walking distance of the Sugar Hill outdoor venue, restaurants, and theaters, with Lake Lanier nearby. Unit C is the only unit available for showing; Units A and B may be viewed during due diligence.
Key Highlights
- Three‑unit brick property built in 1960
- Two 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
- 8.9% cap rate
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Explore this area
Business Placement
Demographics for 30518, GA
56,149
Population
19,435
Households
2.9
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
40.0 sq mi
ZIP Area
1,404
Density / Sq Mi
$97,339
Median Household Income
$46,683
Median Earnings
$1,611
Median Rent
$367,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three updated residences offer two- and three-bedroom layouts, kitchens, and laundry areas.
Where is this triplex located?
The property is located at 1154 Olivet Drive Buford, GA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Three‑unit brick property built in 1960; Two 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit; 8.9% cap rate
