$35,500
$34,500
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,440 SqFt
SOLD DATE : 02/10/2022
Key Details
Sold Price $35,500
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $24
Subdivision Orchard Lane Condominium
MLS Listing ID 6983513
Sold Date 02/10/22
Style Townhouse, Traditional
Bedrooms 3
Full Baths 2
Construction Status Fixer
HOA Fees $220
HOA Y/N Yes
Year Built 1973
Annual Tax Amount $1,137
Tax Year 2021
Lot Size 958 Sqft
Acres 0.022
Property Description
Special opportunity for a buy-and-hold investor to make over 12% per year net operating income, after cost of purchase and renovation! Yes, it needs a lot of work, especially the fire-damaged master bedroom and bath, but this size unit will rent for $1,000 to $1,300 per month. And Orchard Lane Condominium is just a mile and a half from the South River Trail access on Panthersville Rd. Close to Exchange Park, Georgia State University/Perimeter College, shopping, I-285, and I-20. Easy access to downtown Decatur and Atlanta.
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description Oversized Master
Other Rooms None
Basement None
Dining Room Separate Dining Room
Interior
Interior Features High Speed Internet
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Concrete, Laminate
Fireplaces Number 1
Fireplaces Type Living Room, Masonry
Window Features None
Appliance Dishwasher, Electric Range, Range Hood, Refrigerator
Laundry In Kitchen, Main Level
Exterior
Exterior Feature Courtyard, Private Front Entry, Private Rear Entry
Garage Assigned
Fence None
Pool None
Community Features Homeowners Assoc, Near Trails/Greenway, Public Transportation, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Other
Roof Type Composition
Street Surface Asphalt, Paved
Accessibility None
Handicap Access None
Porch Covered, Rear Porch
Parking Type Assigned
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Landscaped, Level
Story Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Townhouse, Traditional
Level or Stories Two
Structure Type Brick Front, Metal Siding
New Construction No
Construction Status Fixer
Schools
Elementary Schools Bob Mathis
Middle Schools Chapel Hill - Dekalb
High Schools Southwest Dekalb
Others
HOA Fee Include Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Termite, Water
Senior Community no
Restrictions false
Tax ID 15 090 07 010
Ownership Condominium
Financing no
Special Listing Condition None
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