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Joy McGraw
Joy McGraw

Dunwoody, GA 30338

Direct: 770-329-3793
Office: 678-579-9215

Contact Me

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Listing 3 out of 3,590
Sold for $159,000 Sold
Residential Income
lot: 14375 sq ft - MLS# 6107537
Property Photo

Sold

Sold for $159,000 on Mar 15, 2019

Description

Calling all investors!! Rear opportunity, 6 bedroom, 2.5 bath fully furnished rooming house. Excellent income opportunity. Currently generates $3000 per month in rent. Adjacent to the Morehouse and Clark Atlanta campuses, makes for great student housing. 6 working class tenants currently occupy the home on a month-to-month basis, leaving flexibility for any buyer. 17.5% Cap rate after expenses!!

Features

  • Property Type: Residential Income
  • Sub Type: Residential Income
  • Listing Status: Closed
  • Listing Price: $159,000
  • County/Area: Fulton County
  • Zip Code: 30314
  • Year Built: 1920
  • Subdivision/Neighborhood: Atlanta University Center
  • Elementary School: M. A. Jones
  • Middle School: Brown
  • High School: Booker T. Washington
  • Units: 6 units
  • Lot Size: 14375 sq ft
  • Annual Expenses: 8064
  • Cap Rate: 17.50
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Directions: I-20 West To Exit 55a. Turn Right On Lowery Blvd SW. Turn Right Onto Parsons St. SW. Turn Right Onto Sncc Way. Destination Is On The Right.
  • District: 05
  • Gross Income: 3000
  • Heating: Central
  • Lot Dimensions: 3798 sq ft
  • Lot Features: Level
  • Main Type: Residential Income
  • Property Condition: Resale
  • Roof Type: Shingle
  • Selling Agent: KEVINF
  • Selling Office: Re/Max Metro Atlanta Cityside
  • Sewer: Public Sewer
  • Special Circumstances: Investor Owned, No Disclosures From Seller, Sold As/Is
  • Tax ID: 14 -0109-0004-087-4
  • Tax Year: 2017
  • Taxes: 757.00
  • Unit Count: 1
  • Water Source: Public
  • Sold Price: 159000.00
  • Sold Date: 2019-03-15 00:00:00
Courtesy of Re/Max Metro Atlanta Cityside


Joy McGraw | 770-329-3793 | Contact Me
1535 Mt. Vernon Rd. Ste 100 - Dunwoody, GA 30338
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