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Key Details
Sold Price $200,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Hammond Park
MLS Listing ID 6792608
Sold Date 12/11/20
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board FMLS API
Year Built 1955
Annual Tax Amount $998
Tax Year 2019
Lot Size 9,347 Sqft
Acres 0.2146
Property Description
Income-producing duplex-style single-family home generating $2421 monthly from Section 8 tenants. Collect monthly rental income from day one from this cash cow. New renovations/updates, including roof, floors, HVAC, appliances, cabinets, gutters, & windows. All electric. Comparable income-producing property in the neighborhood sold for $222K. Estimated cap rate for this amazing investment opportunity is 11%. Located in an opportunity zone. Cash offers highly preferred. Sold as is, where is. Close w/ Chalker & Chalker as title is ready. Appt only w/ 24 hr notice.
Location
State GA
County Fulton
Area 31 - Fulton South
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Driveway
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Hutchinson
Middle Schools Long
High Schools South Atlanta
Others
Senior Community no
Tax ID 14 009300010305
Special Listing Condition None
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Bought with Keller Williams Realty Atl North