$350,000
$374,900
6.6%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 08/30/2023
Key Details
Sold Price $350,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10140386
Sold Date 08/30/23
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1957
Annual Tax Amount $2,247
Tax Year 2022
Lot Size 0.275 Acres
Acres 0.275
Lot Dimensions 11979
Property Description
Rare find in the City of Atlanta! A five bedroom, three bathroom (upper unit) and a two bedroom, one bath (lower unit) duplex. A total of seven bedrooms and four bathrooms in one income producing property. The upper unit provides multiple options for producing income. It can be leased for long term rental (Atlanta Housing Authority can provide up to $2,500.00 per month for a qualified tenant. The upper unit could be rented by the room either weekly or monthly, or the property could be modified and used as a short-term rental such as AirBnb or group home. The lower unit is currently rented at below market rate to a long-term tenant at $950.00 per month, but the market rate for the unit is approximately $1,050.00 per month. The property is conveniently located near major expressways and shopping and is accessible to public transportation should your potential tenant require such amenities. Upper unit is in move in condition and available for immediate occupancy. Tenant occupies the lower unit, so please do not disturb until due diligence and then by appointment only. BACK ON THE MARKET-Seller will only entertain serious offers.
Location
State GA
County Fulton
Rooms
Basement Finished Bath, Finished, Full
Interior
Heating None, Other
Cooling None, Other
Fireplace No
Exterior
Parking Features Off Street, Parking Pad
Community Features None
Utilities Available Gas Individual Meters, Water Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces Please use GPS.
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Parklane
Middle Schools Paul D West
High Schools Tri Cities
Others
HOA Fee Include None
Tax ID 14 012500030123
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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400 Galleria Pkwy SE, Atlanta, GA, 30339, United States