Photo 1 of 17
$590,000
Sold on 2/02/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,660 |
1925 |
On the market:
83 days
|
View full details, 15 photos, school info, and price history
A high-performance turnkey 8% cap income-producing property generating over $71,000 in rent annually, $47,000 after expenses. This is a dream house hacking scenario for a savvy homeowner as well! A seasoned PadSplit, this 2,029 sq ft property occupies a prime ITP location in Ormewood Park and was completely renovated in 2020. An outstanding location less than a mile from East Atlanta Village and the BeltLine, on a major arterial road with ample off-street parking accessible via a rear alley, and steps away from public transportation. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.
Listing courtesy of Kathleen Levy & Josh Stanton, Keller Williams Realty Metro Atlanta & Keller Williams Realty Metro Atlanta