Photo 1 of 4
$450,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
8 |
2.00 |
1,887 |
$1,215 |
1948 |
On the market:
35 days
|
Est. Monthly Payment:
$2,674($2,573 + $101 taxes*)
View full details, 15 photos, school info, and price history
Seize this rare chance to acquire a high-potential coliving investment property in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing rentals in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.
Listing courtesy of Josh Stanton & Brandon Beamer, Keller Williams Realty Metro Atlanta & Keller Williams Realty Metro Atlanta