499 Oak Way

A 0.5-acre duplex in Lawrenceville.

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.

Property details

Where it sits

Mortgage estimate

An estimate of your monthly payment, including principal, interest, taxes, and insurance. Property taxes for this listing are $2,800 annually.

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