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Investor Alert - High-Yield Rooming House! Cash Only - $89,00 Turnkey Cash Cow 100% Occupancy Set Up Like a Triplex This is your chance to own a high-performing, fully rented rooming house generating $3,200/month gross and $2,500/month net after minimal expenses. That's approximately 35% annual ROI - a rare find at this price point! Price: $89,000 - Cash Only Appraised at $135,000 - Instant equity! 100% Occupancy with strong management in place Configured like a Triplex - Separate living spaces Minimal repairs needed - hallway subfloor section only No conventional or seller financing - Cash buyers only Price already reduced by $35K - Firm at $89K; seller may consider $79K absolute minimum, but not motivated to negotiate further Major Updates Include: New roof (2 years old) HVAC system (5 years old) Updated plumbing Solid structure and stable tenant base This is a rare, plug-and-play investment with massive cash flow potential. Great for seasoned investors looking to expand their portfolio with a high-yield, low-maintenance property.
| DAYS ON MARKET | 2 | LAST UPDATED | 6/11/2025 |
|---|---|---|---|
| TRACT | Penelope Neighbor | YEAR BUILT | 1957 |
| COUNTY | Fulton | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Woodson |
|---|---|
| Jr. High School | Other |
| High School | Douglass |
| ADDITIONAL DETAILS | |
| AIR | Attic Fan, Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Trash |
| APPLIANCES | Dishwasher, Gas Water Heater, Ice Maker, Oven , Range, Refrigerator |
| BASEMENT | Exterior Entry, Finished , Full, Yes |
| CONSTRUCTION | Block, Brick |
| EXTERIOR | Other |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Electric, Natural Gas |
| INTERIOR | Master Downstairs |
| LOT | 9365 sq ft |
| LOT DESCRIPTION | Level |
| PARKING | Attached, Off Street |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Brick 4 Side, Ranch |
| SUBDIVISION | Penelope Neighbor |
| TAXES | 2373 |
| UTILITIES | Sewer Connected, Underground Utilities |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Maximum One Grt. Atl. REALTORS
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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.
