UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Tuskegee Heights
MLS Listing ID 7567754
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1948
Annual Tax Amount $4,785
Tax Year 2024
Lot Size 4,138 Sqft
Acres 0.095
Property Sub-Type Duplex
Property Description
the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have good standing, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,050 a month, a total of $2900 a month. Both tenants have renewed their leases with rent increases for one year each, lease expires on March 1st, 2026. Considerate & kind tenants who are extremely stable with on-time rental payment history. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features None
Fence None
Community Features Near Beltline, Near Public Transport, Near Shopping, Sidewalks, Street Lights, Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Trees/Woods, Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Charles L. Gideons
Middle Schools Sylvan Hills
High Schools G.W. Carver
Others
Senior Community no
Tax ID 14 007400081168
Special Listing Condition None
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Charley Sorrow
REALTOR® & Global Real Estate Advisor
REALTOR® & Global Real Estate Advisor