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Key Details
Sold Price $285,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Dixie Hills
MLS Listing ID 7254654
Sold Date 08/23/23
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1938
Annual Tax Amount $3,069
Tax Year 2022
Lot Size 8,999 Sqft
Acres 0.2066
Property Description
Attention Investors! Guaranteed income-producing property! This property will be cash flowing $2,500 per month with two Section 8 tenants. The property consists of two units: Unit A is a 1/1 and Unit B is a 1/1 in-law suite. Currently, Unit A is generating $1,250 per month. The seller is in the process of moving in another Section 8 tenant for Unit B, which will also generate $1,250 per month. This will bring the total monthly income to $2,500. The owner covers all utilities. The property will be fully occupied in September. Easy access to I-20, I-285 & Downtown. This amazing investment opportunity will not last long. The property has been beautifully renovated, with new HVAC, new water heater, renovated kitchens & bathrooms, fresh paint, and new flooring.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Electric
Cooling Central Air
Window Features None
Exterior
Garage Carport
Fence Front Yard, Wood
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Woodson Park Academy
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 017400070038
Special Listing Condition None
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Bought with Mynd Property Management