Recently updated shared kitchenAbsolutely no carpet
Turnkey Student Housing Investment Opportunity in the Heart of Atlanta Hitting The 1% Rule! Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!
90 days
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238
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9
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Adam Lewis678-480-8716,
Keller Williams Realty Atl. Partners
Source: GAMLS,MLS#: 10772654
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 4
Rooms
Room types: Other
Kitchen
Features: Solid Surface Counters
Heating
Central
Cooling
Central Air
Appliances
Included: Dryer, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
Laundry: Common Area, In Hall
Features
High Ceilings, Master On Main Level, Roommate Plan
Flooring: Hardwood, Tile, Vinyl
Basement: Crawl Space,Exterior Entry
Attic: Pull Down Stairs
Has fireplace: No
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,379
Total interior livable area: 1,379 sqft
Finished area above ground: 1,379
Finished area below ground: 0
Property
Parking
Parking features: Attached, Parking Pad
Has attached garage: Yes
Has uncovered spaces: Yes
Features
Levels: One
Stories: 1
Patio & porch: Porch
Fencing: Back Yard
Has view: Yes
View description: City
Lot
Size: 4,007 Square Feet
Features: City Lot
Residential vegetation: Grassed, Partially Wooded
Details
Parcel number: 14 011600091241
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence
Materials
Concrete, Other
Roof: Composition
Condition
Resale
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, High Speed Internet, Sewer Connected, Water Available
Community & HOA
Community
Features: Near Public Transport, Walk To Schools, Near Shopping