Viewing Listing MLS# 388521950
Atlanta, GA 30311
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1972Year Built
- 0.43Acres
- MLS# 388521950
- Multifamily
- Other
- Active
- Approx Time on Market2 months, 26 days
- AreaN/A
- CountyFulton - GA
- Subdivision Peyton Forest
Overview
Incredible opportunity minutes from the Beltline! This home is almost inside Lionel Hampton Park! A stone's throw from the Trail AND the SW Connector Trail to the Beltline! You could own your HOME right on the Beltline! This rental property has been renovated and transformed; it is furnished and occupied and it is currently operating as a Co-Living house. It is professionally managed. The home has endless opportunities! Knowing we were going to market, the owners have not signed new leases as this could be sold as a single-family home OR an investment home. This home has multiple bedrooms for ample income production for the new owner or it can easily be transitioned to its original layout. A new HVAC and Hot Water Heater were installed in 2019 as well as High speed internet. High efficiency features were also installed to reduce operating expenses. Perfect for your next investment or a LARGE home to make your own! Own your very own part of a neighborhood on the Beltline!
Association Fees / Info
Hoa: No
Community Features: Near Beltline, Near Public Transport, Park, Public Transportation
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 7
Exterior Features
Fence: None
Pool Private: No
County: Fulton - GA
Acres: 0.43
Financial
Original Price: $375,000
Operating Expense: 17340
Net Operating Income: 36,000
Owner Financing: Yes
Cap Rate: 9.6
Gross Income: 53,340
Garage / Parking
Parking Features: Attached, Driveway, Garage
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: Multi/Split
Lot Info
Lot Size Source: Other
Lot Features: Level, Private, Other
Lot Size: 54x207x139x207
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick, Brick Front
Year Built: 1,972
Property Condition: Resale
Roof: Composition, Shingle
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: HVAC, Thermostat
Special Listing Conditions: None
Special Circumstances: Investor Owned, No disclosures from Seller
Tax Info
Tax Amount Annual: 5807
Tax Year: 2,023
Tax Parcel Letter: 14-0204-0003-022-6
Unit Info
Utilities / Hvac
Cool System: Ceiling Fan(s), Central Air, Electric, Humidity Control
Heating: Forced Air, 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
I-20W to Exit 52A. Continue on GA-280 S/Hamilton E Holmes Dr NW. Take Cativo Dr SW to Peyton Woods TrailListing Provided courtesy of Atlanta Fine Homes Sotheby's International
MLS# 404466671 
