121 Fairview St., Decatur, GA 30030

121 Fairview St., Decatur, GA 30030
Photo 1 of 51
$488,250
Sold on 9/09/20
Beds Baths Sq. Ft. Taxes Built
0.00 0 $7,808 1958
On the market: 110 days
View full details, 15 photos, school info, and price history
BRING ALL OFFERS - This cozy triplex is truly a beautiful piece of art. It's been recently renovated, and is currently fully occupied. Some rents are below market rent, giving you the ability to purchase this property and add extra value to this property. At the end of Fairview street, about 100 feet away from the subject property is Glenn Creek Nature Preserve. It is a 2 acre walking trail with lush nature scenery. This property is very close to the CDC, Emory, the VA Hospital, shopping, farmer's markets, and loads of restaurants/breweries. This triplex offers a plethora of opportunity ranging from purchasing with a conventional, FHA, or VA loan with the goal of living in one unit for free/cheaply while bringing in income on the other two units, or buying this property solely as an investment property and collecting loads of cash flow each month. On top of the handsome cashflow opportunity that this property brings, residential property in the City of Decatur Highschool area has appreciated over 100% in the past 10 years alone! (According to FMLS's "Stats") - BRING ALL OFFERS! One owner of the property is a property manager and is willing to continue managing the property for 6% of gross rent + 1/2 months rent on new rentals.
Listing courtesy of Matthew Von Dwingelo, Networth Realty of Atlanta, LLC.