Bought with Michael Dumler • Cornerstone R/Estate Partners
$325,000
$304,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
3 Baths
2,883 SqFt
SOLD DATE : 10/23/2024
Key Details
Sold Price $325,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,883 sqft
Price per Sqft $112
Subdivision Hiawatha
MLS Listing ID 10321996
Sold Date 10/23/24
Style Brick 4 Side,Traditional
Bedrooms 10
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1964
Annual Tax Amount $5,232
Tax Year 2023
Lot Size 0.300 Acres
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $6,200+ per month gross income per month (AFTER vacancies). 0.3mi to public transit, and around the corner I-85/I-285 interchange and the airport for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 25%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Dekalb
Rooms
Basement Daylight, Finished
Main Level Bedrooms 6
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Exterior
Garage Off Street
Fence Wood
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Other
Building
Story Two
Foundation Slab
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Rowland
Middle Schools Mary Mcleod Bethune
High Schools Towers
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Broker | License ID: 383400
5555 Glenridge Conn Ste. 200, Atlanta, Georgia, 30342, United States