Atlanta, GA 30341,2881 Shallowford RD NE
Atlanta, GA 30341,2881 Shallowford RD NE
Atlanta, GA 30341,2881 Shallowford RD NE
Atlanta, GA 30341,2881 Shallowford RD NE
Atlanta, GA 30341,2881 Shallowford RD NE
Atlanta, GA 30341,2881 Shallowford RD NE
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Listed by John Novay • Ansley RE|Christie's Int'l RE
Bought with Kiara Velasco • Rudhil Companies, LLC

$449,900

$450,000

Est.Price: ?

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Est. payment /mo

0.4 Acres Lot


SOLD DATE : 11/15/2023

Key Details

Sold Price $449,900

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Whispering Hills

MLS Listing ID 10196376

Sold Date 11/15/23

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $4,597

Tax Year 2022

Lot Size 0.400 Acres

Property Description

Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with new driveways completed in 2023(a $6K improvement) and has a family room and kitchen. Recent improvements include painting. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Long term Tenants in unit 2881 are on month-to-month lease and unit 2879 has long term tenants of 10 years and are on a month-to-month lease. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2853 Shallowford Rd, which just recently appraised for $520K (appraisal available upon request), and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.

Location

State GA

County Dekalb

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Exterior

Parking Features Parking Pad

Garage Spaces 3.0

Community Features Sidewalks, Walk To Schools

Utilities Available Other

Building

Story One

Sewer Public Sewer

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Dresden

Middle Schools Sequoyah

High Schools Cross Keys

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition As Is, Investor Owned, No Disclosure

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Georgia MLS (GAMLS)
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+1(770) 550-2414

realtorpmgr@gmail.com

200 Plaza Dr, Zebulon, Georgia, 30295, United States

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