Photo 1 of 9
$435,000
Sold on 9/11/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$4,442 |
2024 |
On the market:
72 days
|
View full details, 15 photos, school info, and price history
This is an exceptional opportunity to become an investor and own a property in the sought-after neighborhood of Home Park. The property is meticulously maintained and currently fully occupied, ensuring a consistent stream of rental income. Its convenient location near Georgia Tech, just off 10th Street, adds to its appeal. The historic bungalow boasts original hardwood floors, adding charm and character to the units. Additionally, there is off-street parking available, providing convenience for tenants and reducing potential parking issues.
Both units, 991 and 993, are fully furnished and offer a comfortable family room, kitchen, one bedroom, and one bathroom. This makes them highly desirable for tenants seeking a cozy living space. The units are separately metered for gas and power, with tenants responsible for paying these utilities. Each unit also features in-unit, full-sized washers/dryers, central HVAC systems, microwaves, and refrigerators, providing modern amenities and convenience.
The landlord is responsible for the water bill, which typically ranges from $38 to $50 per month. Unit 993 has the added advantage of a new hot water heater installed in 2022, ensuring an efficient and reliable hot water supply for tenants. One of the most attractive features of this property is the steady income generated from excellent, long-term tenants. This indicates a reliable rental history and the potential for continued occupancy and rental income. Additionally, the property's fantastic accessibility to downtown shopping, restaurants, and parks enhances its appeal and marketability. With its proximity to Georgia Tech and downtown amenities, this property holds significant potential for a successful investment venture.
Listing courtesy of Scott Shackelford, Keller Williams Realty Intown ATL