Price is Firm
This is an excellent investment opportunity with immediate cash flow and significant upside potential.
* 3 of the 4 units are currently occupied, generating $3,750 per month in rental income.
* One unit has intentionally been left vacant, giving the new owner the flexibility to move in or lease it at current market rates.
* Current rents are well below market value due to cosmetic updates that have not yet been completed, creating an excellent opportunity to increase rental income.
* Three of the four HVAC systems have been replaced.
* No major repairs are needed. The only known item is approximately 10 missing shingles on the roof of 2912, which will be replaced soon.
* Annual property taxes: Approximately $4,000
* Annual insurance: Approximately $3,000
* Owner-paid water, sewer, and trash: Approximately $3,600 per year
* The property appraised for $567,000 four years ago, making this a strong value at the current asking price.
Serious inquiries only. Price is firm.
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What the owner loves about this home
What’s I love about this property is how unique and versatile it is. It’s rare to find two duplexes on one parcel in East Point, giving an investor the opportunity to control four income-producing units on a single property. The layout creates multiple income strategies including long-term rentals, Section 8 housing, medium-term rentals, or short-term rental opportunities.
East Point Housing Authority currently pays approximately $1,650–$1,750 per month for qualifying 2-bedroom units, creating strong income potential for investors seeking stable cash flow.
I also love the location and future upside. With the FIFA World Cup coming to Atlanta, continued airport expansion, and the rapid redevelopment happening throughout the area, I believe East Point still has significant growth ahead. Airbnb is also actively incentivizing new hosts in many markets, creating additional flexibility for future use strategies.
Whether you are building a portfolio, house hacking, or looking for a long-term appreciation play, this property offers strong potential and flexibility.
34 days
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1,183
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87
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Listed by:
Property Owner(706) 872-6797
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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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.
See how much you could borrow to make a competitive offer.