$105,000
$110,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
958 Sqft Lot
SOLD DATE : 09/07/2023
Key Details
Sold Price $105,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Orchard Lane
MLS Listing ID 7198552
Sold Date 09/07/23
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1973
Annual Tax Amount $1,255
Tax Year 2021
Lot Size 958 Sqft
Acres 0.022
Property Description
Cash flowing rental that exceeds the 1% rule just outside the perimeter! This non-rent restricted condo unit is professionally managed, has a stable tenant in place, and is significantly under market rent rates for the area. This spacious two floor unit will make an excellent addition to your rental portfolio with potential cash on cash returns over 18%! Owner loves the unit but is selling off portfolio for a new opportunity. Their loss if your gain! It's very difficult to find this much cash flow this close to the city. Take advantage of Atlanta's incredible growth today! HOA fee is $290/month. No rent restrictions. Not FHA eligible **This is a one-unit income producing property, not multi-family**
Location
State GA
County Dekalb
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Garage Parking Lot
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Parking Type Parking Lot
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
New Construction No
Construction Status Resale
Schools
Elementary Schools Bob Mathis
Middle Schools Chapel Hill - Dekalb
High Schools Southwest Dekalb
Others
Senior Community no
Tax ID 15 090 06 023
Special Listing Condition None
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