$700,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.202
Open Houses
-
year built
1935
Full Baths
0
Half Baths
0
Offered at $700,000 with a CAP rate of 8.5%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes two units, the upstairs with 3 rooms, 1 bathroom, and the downstairs with 7 rooms and 2 bathrooms. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
Location | |
Subdivision | None |
County | Fulton |
Elementary School | Dunbar |
Middle School | Sylvan Hills |
High School | Carver |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 10474694
Listing agent:
Stuart Hope
Listing broker:
Atlanta Leasing & Investment
(404) 348-4448
Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, March 11 2025 at 4:41 p.m. EDT
Kotohomes National
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