Photo 1 of 25
$421,000
Sold on 10/17/13
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
6 |
4.00 |
0 |
$7,336 |
1952 |
On the market:
140 days
|
View full details, 15 photos, school info, and price history
Investment property in fantastic Buckhead neighborhood, adjacent to Tanyard Creek Park and new Beltline PATH. Triplex has 3 bdr 2 bath townhome, 2 bdr 1 bath on main, and 1 bdr terrace level apt. Current leases, with >$40K annual rents, and >$22K annual net income. Over a 5% cap rate. Serious investors only. These are wonderful tenants with multi-year leases that want to stay, so no disruptions, please. Leases have a 9% rent increase in 2014, making a 6% cap rate. Low maintenance property, superb location.
Listing courtesy of Christy Harris & Alex Smith Meier, Harry Norman Realtors