Brought to you by Southern Edge Realty
Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/8/2025 |
|---|---|---|---|
| TRACT | NA | YEAR BUILT | 1935 |
| COUNTY | Fulton | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Dunbar |
|---|---|
| Jr. High School | Sylvan Hills |
| High School | Carver |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick, Concrete |
| HEAT | Central |
| LOT | 8799 sq ft |
| PARKING | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | NA |
| TAXES | 1491.4 |
| UTILITIES | Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Adam
McGinnis to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Atlanta Leasing & Investment
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of GAMLS. All real estate listings are marked with the GAMLS Broker ReciprocitySM thumbnail logo and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 GAMLS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.
