Separate entrances connected insideExterior lightingTvs in most roomsTwo full kitchensWide upstairs hallwayTwo laundry areasFresh paint
Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.
Fencing: Back Yard,Chain Link,Front Yard,Wood,Wrought Iron
Has view: Yes
View description: Neighborhood, City
Waterfront features: None
Body of water: None
Lot
Size: 0.25 Acres
Dimensions: 79x151x65x152
Features: Corner Lot, Sloped, Back Yard, Front Yard, Landscaped
Details
Additional structures: None
Parcel number: 14 011500060015
Other equipment: None
Horse amenities: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence, Residential
Materials
Frame, Vinyl Siding, Concrete
Foundation: Block
Roof: Composition,Shingle
Condition
Updated/Remodeled
New construction: No
Year built: 2007
Utilities & green energy
Electric: 110 Volts, 220 Volts in Laundry
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Green energy
Energy efficient items: None
Energy generation: None
Water conservation: Low-Flow Fixtures
Community & HOA
Community
Features: Street Lights, Sidewalks, Curbs, Near Public Transport, Near Beltline, Near Schools, Near Shopping, Near Trails/Greenway, Park, Fitness Center, Tennis Court(s), Pickleball
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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