Recently updated shared kitchenAbsolutely no carpet
Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. 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!
46 days
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346
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13
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Zillow last checked:
Listing updated:
Listed by:
Adam Lewis,
Keller Williams Realty Atl Partners678-480-8716
Source: FMLS GA,MLS#: 7778016
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 4
Rooms
Room types: Attic, Other
Primary bedroom
Features: Master on Main, Roommate Floor Plan
Level: Master on Main, Roommate Floor Plan
Bedroom
Features: Master on Main, Roommate Floor Plan
Primary bathroom
Features: Other
Dining room
Features: None
Kitchen
Features: Solid Surface Counters
Heating
Central
Cooling
Central Air
Appliances
Included: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry: Common Area, In Hall
Features
High Ceilings, High Speed Internet
Flooring: Ceramic Tile, Hardwood, Vinyl
Windows: Double Pane Windows
Basement: Crawl Space,Exterior Entry
Attic: Pull Down Stairs
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
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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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