Bought with Cornerstone R/Estate Partners
$395,000
$375,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
2,525 SqFt
SOLD DATE : 04/25/2022
Key Details
Sold Price $395,000
Property Type Other Types
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,525 sqft
Price per Sqft $156
Subdivision Swallow Circle-Baywood
MLS Listing ID 10041120
Sold Date 04/25/22
Style Brick Front,Traditional
Bedrooms 6
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $1,920
Tax Year 2021
Lot Size 8,407 Sqft
Property Description
A high-performance turnkey 6.7% cap income-producing property on the PadSplit Coliving platform generating over $39,000 in rent annually, $24,000 after expenses. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.
Location
State GA
County Fulton
Rooms
Basement None
Main Level Bedrooms 6
Interior
Interior Features Roommate Plan
Heating Electric
Cooling Central Air
Flooring Carpet, Hardwood, Laminate
Exterior
Parking Features None
Community Features Street Lights, Walk To Public Transit, Walk To Schools, Walk To Shopping
Utilities Available Electricity Available, Sewer Available, Water Available
View City
Roof Type Composition
Building
Story One
Foundation Pillar/Post/Pier
Sewer Public Sewer
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Cleveland
Middle Schools Long
High Schools South Atlanta
Others
Financing Other
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.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
noreplyritzbergrealty@gmail.com
400 Galleria Pkwy SE, Atlanta, GA, 30339, United States