Solid all brick, fully rented 3 Unit income producing w/ true Gross Rental Yield of $27,600 & 9.23%, 7.40% Cap Rate & $22,136 of NOI. Future value-add potential. Unit A+B are 1/1’s in main house. Unit C is Studio over garage. Corner lot. Covered front porch. Shared laundry room. New water line, electric meters, laundry plumbing. New HVAC & sewer Unit C. Roof replaced 2013. 3 Blocks from Main Street East Point, restaurants, MARTA. Close to Airport/City/Tyler Perry Studios/I-85 and I-285/ Fort McPherson/Georgia State University/Atlanta University Center. Rents promptly when vacant. Water is not separately metered so included in rents. $75 power bill is currently included in Unit C rent. Full interior tours only after contract is agreed. PLEASE DO NOT DISTURB TENANTS.
Closed
$383,500
1794 Thompson Ave, Atlanta, GA 30344
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1930
-- sqft lot
$383,500 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 17, 2021 at 05:25am
Listed by:
Darren Comer 678-613-5519,
Keller Knapp, Inc
Bought with:
Keller Williams Realty First Atlanta
Source: GAMLS,MLS#: 8885489

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Natural Gas, Central
Cooling
- Electric, Central Air
Appliances
- Laundry: Other
Features
- Basement: Exterior Entry
- Has fireplace: No
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.25 Acres
Details
- Parcel number: 14 015700060212
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Materials
- Brick
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Water Billing Prorated
Community & neighborhood
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: East Point
Other
Other facts
- Listing agreement: Exclusive Agency
Services availability

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