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PRICE $122,500 dsIDX morgage calculator
BEDS 3
BATHS 2.5
HOME SIZE n/a
LOT SIZE 1,307 sqft

INVESTOR ALERT! 9.82% CAP RATE - Turnkey, Tenanted Decatur Condo - PRICED FOR PERFORMANCE! Attention Savvy Investors and Portfolio Builders! Seize this rare opportunity to acquire a high-performing, turnkey rental asset in a sought-after Decatur location. This renovated condo is an investor's dream, delivering immediate cash flow from day one with a strong tenant already in place. Generating an impressive $2,150 in gross monthly rent, the numbers on this property speak for themselves, projecting a robust ~9.82% CAP RATE after factoring in HOA fees, taxes, insurance, and a conservative 20% reserve for vacancy and maintenance. This is not a typical listing. This property has undergone a rigorous, data-driven VALIDTM Financial Assessment, ensuring the financial projections are transparent and vetted for performance. The work has been done for you - acquire the asset and start collecting rent. This is the definition of a strategic portfolio addition. Priced aggressively for a swift transaction, this is your chance to secure a powerful income-producing property without the headaches of renovation and tenant placement. CRITICAL INFORMATION FOR ALL BUYERS AND AGENTS: 1. PROPERTY IS SOLD STRICTLY "AS-IS": The property is offered in its current condition. The seller will make NO repairs, warranties, or concessions. Buyer is responsible for all due diligence. 2. PROPERTY IS SOLD "AS OCCUPIED": This property is tenant-occupied and will be sold with the tenant in place. The buyer will assume the current lease and tenant. There will be NO vacant delivery. 3. DO NOT DISTURB TENANTS: Under NO circumstances should anyone approach the property or disturb the tenants. All showings and inquiries MUST be scheduled and coordinated exclusively through the listing agent. Unauthorized contact will result in immediate disqualification of the offer. Showing Instructions: All showings require proof of funds or a lender pre-approval letter for an investor loan. 24--hour notice is required.

DAYS ON MARKET 2 LAST UPDATED 7/8/2025
TRACT HILLSIDE YEAR BUILT 1973
COUNTY DeKalb STATUS Active
PROPERTY TYPE(S) Condo/Townhouse/Co-Op

SCHOOLS
Elementary School Out of Area
Jr. High School Other
High School Out of Area


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Refrigerator
BASEMENT None
CONSTRUCTION Wood Siding
HEAT Central
INTERIOR High Ceilings
LOT 1307 sq ft
LOT DESCRIPTION Other
PARKING Off Street
SEWER Public Sewer
STORIES 2
STYLE Contemporary, Other
SUBDIVISION HILLSIDE
TAXES 2906
UTILITIES Cable Available, Electricity Available, Phone Available, Sewer Available
WATER Public
WATER ACCESS NONE
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with YOLO Realty GA
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