Viewing Listing MLS# 384788969
Atlanta, GA 30318
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1987Year Built
- 0.32Acres
- MLS# 384788969
- Multifamily
- Duplex
- Active
- Approx Time on Market4 months, 5 days
- AreaN/A
- CountyFulton - GA
- Subdivision Home Park
Overview
Turnkey Turnkey Turnkey. This sale includes both properties located at 1036 & 1040 Curran Street NW! Fully Furnished 24 bedrooms (2 duplexes) on one of the largest lots in Home Park, in the heart of midtown walking distance to GA Tech! These two duplexes offer a total of 24 bedrooms, with 6 bedrooms per unit. All units have been recently remodeled with the exception of 1, and all units come fully furnished, providing tenants with modern and comfortable living spaces including Washers & Dryers, Beds, Bed Frames, Couches, Tables, TVs and each unit comes with 2 Refrigerators and MORE! Convenience is key with a large parking area behind both buildings for a total of 14 parking spaces, accommodating tenants and guests alike, as well as available street parking. The prime location of these duplexes makes them highly desirable, with walkable access to Georgia Tech and proximity to Georgia State University, Emory University, shopping, restaurants, Atlantic Station, and more. The lot is zoned as a Duplex Lot, and has the potential for adding an ADU to the property for even more rental income possibilities. Don't miss out on this chance to capitalize on the thriving rental market or student housing market and secure a lucrative investment opportunity in one of Atlanta's most dynamic neighborhoods. Act now to reap the benefits of owning these strategically located duplexes near Atlanta's best universities and colleges, and companies alike. Investors seeking resilient assets in the bustling student housing market won't want to miss this opportunity to acquire Two Duplexes within walking distance to the prestigious Georgia Institute of Technology - one of the top 5 fastest-growing flagship universities as of December 2023, according to RealPage Top 175 Schools.
Association Fees / Info
Hoa: No
Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Public Transportation, Sidewalks, Street Lights
Bathroom Info
Building Info
Habitable Residence: No
Number of Units Total: 4
Exterior Features
Fence: None
Pool Private: No
County: Fulton - GA
Acres: 0.32
Financial
Original Price: $3,200,000
Operating Expense: 50000
Net Operating Income: 225,000
Owner Financing: No
Cap Rate: 7.2
Gross Income: 27,500
Garage / Parking
Parking Features: Parking Lot
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: Two
Lot Info
Lot Size Source: Other
Lot Features: Other
Lot Size: x
Misc
Property Attached: No
Home Warranty: No
Open House
Other
Property Info
Construction Materials: Vinyl Siding
Year Built: 1,987
Property Condition: Resale
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: No
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Investor Owned, Owner/Agent
Tax Info
Tax Amount Annual: 9319
Tax Year: 2,023
Tax Parcel Letter: 17-0149-0005-050-6
Unit Info
Utilities / Hvac
Cool System: Ceiling Fan(s), Central Air
Heating: Natural Gas
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
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