Beautifully updated kitchensNew water heatersNew hvac systemsRenovated bathroomsFlexible layout
Exceptional turnkey investment opportunity with immediate cash flow! This proven income-producing asset is generating $3,600 per month with both units currently occupied by stable tenants. The property features a spacious 4-bedroom, 3-bath residence leased through the Atlanta Housing Authority at $2,000 per month and a 2-bedroom, 1-bath residence leased to a qualified tenant at $1,600 per month. Both tenants pay their own utilities, maximizing owner cash flow while minimizing operating expenses. Thoughtfully updated approximately one year ago, the property boasts new HVAC systems, new water heaters, beautifully updated kitchens, renovated bathrooms, and numerous additional improvements, providing peace of mind and significantly reducing future maintenance expenses. With its flexible layout, this property is ideally suited for a variety of investment strategies, including PadSplit housing, veteran housing, group home operations, or continued traditional long-term rentals (subject to applicable zoning and local regulations). Perfectly positioned just minutes from I-20, Hartsfield-Jackson Atlanta International Airport, Downtown Atlanta, and major employment centers, the location offers exceptional convenience, strong tenant demand, and outstanding long-term appreciation potential. Whether you're adding to an established portfolio or securing your first income-producing property, this fully occupied, newly renovated property offers immediate cash flow, dependable rental income, and exceptional long-term investment potential.
59 days
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384
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44
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Zillow last checked:
Listing updated:
Listed by:
Rick Wiley404-620-1400,
Coldwell Banker Realty
Source: GAMLS,MLS#: 10794777
Facts & features
Interior
Heating
Central
Cooling
Attic Fan, Ceiling Fan(s), Central Air
Features
Basement: None
Has fireplace: No
Property
Parking
Total spaces: 4
Parking features: Parking Pad
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Body of water: None
Lot
Size: 8,712 Square Feet
Details
Parcel number: 14 024200040385
Special conditions: Investor Owned
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Duplex
Materials
Block
Condition
Updated/Remodeled
New construction: No
Year built: 1960
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Underground Utilities
Green energy
Energy efficient items: Insulation, Roof
Community & HOA
Community
Features: Golf, Playground, Pool, Street Lights, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping