567 Wedgewood Drive Alpharetta GA 30009 MLS #7070789

Welcome to urban living in the suburbs. A brick front, updated end unit is waiting for you. Wedgewood Forest condos offer stress-free living in an HOA-managed community with low dues that include a pool, tennis court, and exterior maintenance. Location is the appeal of this home! Walk to The Avalon, a modern outdoor mall with over 30 shops and restaurants including Whole Foods. Walk to Downtown Alpharetta, the City Center where historic buildings have been turned into a destination for concerts, Saturday farmers markets, and chef inspired restaurants. The Alpha Loop is steps away, an 8-mile urban bike and walking path connecting all of Alpharetta’s attractions. In a top-rated school district (Hopewell Middle, Alpharetta High) and you can see the bus stop from your kitchen window. The tenant moves out Nov 1st so this sale is suited for investors or owner-occupied. TENANT OCCUPIED/PLEASE SEE PRIVATE REMARKS

Unit Description:
– Updated kitchen and LVP flooring on 1st floor with half bath
– 2 bedrooms upstairs, each with its own full bathroom w/ shower/tub combo
– Double-door closets in each bedroom
– Private patio area with outdoor storage
– 2 cars parked allowed per unit
– Corner unit, all brick
– Close to the bus stop on Academy St, pool, tennis courts
– 100ft from The Alpha Loop, an 8-mile urban trail with art statues connecting walkers and bikers to economic and recreation centers

HOA Covers:
– Roof
– Gutters
– Brick
– Lawn
– Landscaping
– Pool w/ chairs
– Tennis courts
– Playground

Recent unit updates:
– HVAC/Furnace
– Solid Surface countertops in the kitchen
– Stainless steel appliances (fridge, dishwasher, oven)
– Custom built-in bookshelf in living room
– Kitchen Cabinets w/ soft close

Notes for investors
– See recent comps for over our list price. The owner wishes to 1031 to a new property so we are priced to sell
– Alpharetta is known as the tech city of the South, with Microsoft and
– The unit has had 100% occupancy for 6 years
– Property Management company is in place and can be transferred to you with our pre-negotiated rates

– 3-minute drive to GA-400, major north/south highway
– No short-term rentals, otherwise no rental restrictions
– HOA has proper reserves, under professional management, no litigation
– Appreciation is the game for this investment
– Conventional financing only, not FHA approved
– As this is a condo and the HOA has a master insurance policy your insurance cost is much lower

– There are a few minor deferred cosmetic updates we plan to address upon tenant move out including paint touch up and repair of the ceiling, or, we’ll give you a credit (the unit will have no problem renting without)