Viewing Listing MLS# 7369296
Atlanta, GA 30341
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1962Year Built
- 0.40Acres
- MLS# 7369296
- Multifamily
- Other
- Active
- Approx Time on Market6 months, 26 days
- AreaN/A
- CountyDekalb - GA
- Subdivision Nottaway
Overview
Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current lease features a gradual annual increase, starting at $3,600 per month, rising to $3,800, and then $4,000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.
Association Fees / Info
Hoa: No
Community Features: None
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 6
Exterior Features
Fence: Back Yard
Pool Private: No
County: Dekalb - GA
Acres: 0.40
Financial
Original Price: $699,000
Owner Financing: Yes
Gross Income: 48,000
Garage / Parking
Parking Features: Detached
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: Accessible Approach with Ramp
Interior Features
Security Ftr: Carbon Monoxide Detector(s)
Levels: One
Lot Info
Lot Size Source: Public Records
Lot Features: Cul-De-Sac, Level
Lot Size: 154 x 117
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,962
Property Condition: Resale
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Investor Owned, No disclosures from Seller
Tax Info
Tax Amount Annual: 8201
Tax Year: 2,023
Tax Parcel Letter: 18-285-03-020
Unit Info
Utilities / Hvac
Cool System: Attic Fan, Central Air, Zoned
Heating: Central, Zoned
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Private
Waterfront Features: None
Directions
GPS FriendlyListing Provided courtesy of Keller Williams North Atlanta
MLS# 409535415 
