Separate entrances connected insideExterior lightingTvs in most roomsTwo full kitchensWide upstairs hallwayTwo laundry areasFresh paint
Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.
85 days
|
417
|
30
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Zillow last checked:
Listing updated:
Listed by:
Josh Stanton404-590-7137,
Keller Williams Realty
Source: GAMLS,MLS#: 10760935
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4
Main level bathrooms: 2
Main level bedrooms: 5
Rooms
Room types: Other, Bonus Room, Exercise Room, Family Room, Laundry, Office, Game Room, Media Room, Library, Den
Dining room
Features: Dining Rm/Living Rm Combo
Kitchen
Features: Pantry, Second Kitchen, Walk-in Pantry
Heating
Electric, Forced Air
Cooling
Central Air, Electric
Appliances
Included: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Oven/Range (Combo), Stainless Steel Appliance(s)
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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