Photo 1 of 16
$225,000
Sold on 7/02/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
4 |
2.00 |
1,560 |
$1,912 |
1959 |
On the market:
30 days
|
View full details, 15 photos, school info, and price history
Rare investment opportunity in coveted Cobb county. Fantastic all-brick, cash-flowing duplex with investment upside. Instant cash flow through in-place leases which are below market, creating a value-add opportunity for a new buyer. New HVAC (5873), updated kitchen (5869), bathroom tubs have recently been re-glazed, and an opportunity to improve the property and increase rents. Both units have 2 bedrooms and one bathroom, with great light and access to a private, level backyard. Incredibly rare 8% cap rate with room to grow as rents are increased. Current owners have benefitted from 0% vacancy and stable tenants. Please DO NOT disturb tenants, showings will be conducted for qualified buyers only.
Listing courtesy of Ashan Perera & Mitch Kaminer, Atlanta Communities & Atlanta Communities