Bought with Bridgett D. Roberson • BHGRE Metro Brokers
$525,000
$525,000
For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 06/07/2024
Key Details
Sold Price $525,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Hammond Park
MLS Listing ID 10290141
Sold Date 06/07/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 2005
Annual Tax Amount $5,405
Tax Year 2023
Lot Size 0.330 Acres
Property Description
New hot investment listing in Atlanta!!! I have an exceptional opportunity for investors looking to enhance their portfolios with a high-yield property. This property is strategically located only 8 minutes from Atlanta Airport and close to the Porsche Experience Center, Lakewood Amphitheatre, and Downtown Atlanta, making it a highly desirable area for renters or short-term guests. This renovated duplex includes two units, each with 3 bedrooms and 2 bathrooms. The proximity to major attractions and essentials contributes to its appeal. Both units are currently occupied by tenants who each pay $2,600, offering a steady cash flow. The duplex was initially utilized as an Airbnb, indicating its versatility for either long-term leasing or short-term hosting. **Investment Highlights**: Sold Partially furnished, allowing for immediate rental upon purchase, with the flexibility of continuing with the existing tenants or transitioning to new ones. The fact that it's being marketed as the "best income producing listing in Atlanta" suggests strong rental demand and profitability. Interested parties must contact the agent to arrange a showing, providing at least a two-hour notice. Initial viewings are restricted to the common areas until a contract is accepted, after which more thorough inspections of the living spaces can be conducted. Potential buyers are advised not to disturb the current tenants, respecting their privacy and comfort. Overall, this property seems ideally suited for investors focused on immediate cash flow and long-term value in a vibrant and growing part of Atlanta.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Central, Natural Gas
Cooling Electric
Exterior
Parking Features Over 1 Space per Unit
Garage Spaces 2.0
Community Features None
Utilities Available Other
Building
Story Two
Sewer Public Sewer
Level or Stories Two
Construction Status Updated/Remodeled
Schools
Elementary Schools Hutchinson
Middle Schools Long
High Schools South Atlanta
Others
Financing Conventional
Special Listing Condition Investor Owned, Rental
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Georgia Multiple Listing Service. All Rights Reserved.