$858,900

Single Family Residence In Atlanta

  • 7 Beds
  • 3 Baths
  • 2,800 Sqft
  • 8,320 Sqft lot
  • Updated: October 19
  • Source:
    First Multiple Listing Service (FMLS)  MLS#7848014

About the Property

COMPLETE Investor Package GA TECH Campus corridor, Home Park is an exclusive Georgia Tech neighborhood right off I-85 and 5 minute walk to campus. All furniture, fixtures, and leases transferred with sale of the property! Home has three available levels. Total of 7 bedrooms. Total rental income is $12-$13k / month for both properties. Full capacity rent is $15-$17k, 6-7% Cap Rate. HVAC replaced 20
COMPLETE Investor Package GA TECH Campus corridor, Home Park is an exclusive Georgia Tech neighborhood right off I-85 and 5 minute walk to campus. All furniture, fixtures, and leases transferred with sale of the property! Home has three available levels. Total of 7 bedrooms. Total rental income is $12-$13k / month for both properties. Full capacity rent is $15-$17k, 6-7% Cap Rate. HVAC replaced 2025. Water heater 2022. WHOLE Basement level has NEW drop ceiling and private exterior access. Main level and basement has renovated kitchens. Main level has NEW extra large deck. Underneath, area is prepped with plumbing and sewer to build a studio.
Starlink WIFI and Security System available. Sellers have transferrable service with Coolray HVAC service and filter maintenance, monthly cleaners, and termite treatment. READY TO LEASE! This is a RARE OPPORTUNITY to purchase TWO SIDE-BY-SIDE R5 zoned properties. 1054 Atlantic Drive and 1058 Atlantic drive has a total of .38 acres sharing a spacious & well maintained fenced yard. Second property 1058 listed for $824,900 MLS #7831978. 1058 Atlantic Drive NW has 8 bedrooms. 5 minute walk to GEORGIA TECH SCHOOL OF CHEMISTRY, 9 minute walk to MACCAMISH PAVILION, 15 minute walk to GEORGIA TECH LIBRARY, and 20 minute walk to GEORGIA TECH GREEK ROW. Unbeatable location and instant ROI with rental income. ALL OFFERS WELCOMED!
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  • Property type

    House

  • Year built

    1945

  • Price/sqft

    $306

Features

  • Garden
  • Library
  • Renovated
  • Basement
  • Bar

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Virtual Properties - Duluth

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Virtual Properties - Duluth
Georgia, United States
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Virtual Properties - Duluth
Duluth, Georgia, United States
View agency profile
Last updated
October 19
First listed
October 18
Listing reference
7848014
Listing status
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