Rare Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering a separate three-unit investment property at 3181 Church Street and is open to selling both properties together, creating a unique opportunity for investors looking to acquire multiple income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.
22 hours
|
4
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Justin Landis404-860-1816,
Bolst, Inc.,
Micahia Braden470-588-5936,
Bolst, Inc.
Source: GAMLS,MLS#: 10830495
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 3
Rooms
Room types: Family Room, Foyer
Dining room
Features: Separate Room
Kitchen
Features: Breakfast Area, Pantry
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher
Laundry: Other
Features
Master On Main Level, Roommate Plan
Flooring: Hardwood
Basement: None
Number of fireplaces: 1
Fireplace features: Family Room
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 2,825
Total interior livable area: 2,825 sqft
Finished area above ground: 2,825
Finished area below ground: 0
Property
Parking
Total spaces: 4
Parking features: Kitchen Level
Features
Levels: Two
Stories: 2
Patio & porch: Porch
Has view: Yes
View description: City
Body of water: None
Lot
Size: 0.26 Acres
Features: Level
Details
Parcel number: 14 015600050248
Construction
Type & style
Home type: SingleFamily
Architectural style: Craftsman,Other
Property subtype: Single Family Residence
Materials
Other
Foundation: Slab
Roof: Composition
Condition
Resale
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: High Speed Internet
Community & HOA
Community
Features: Near Public Transport, Walk To Schools, Near Shopping