Calling all real estate investors looking for their next investment! 2284 Emerald Springs Drive in Decatur presents a fantastic opportunity to acquire a property with a potential 13% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong financial history. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Incredibly close to MARTA (6-minute walk to the nearest bus station) 2284 Emerald Springs is an excellent location for occupants who live and work in Metro Atlanta. With I-20 and 285 intersecting just west of the property, getting around Metro Atlanta is as easy as 1-2-3. Make this cash-flowing winner a part of your real estate portfolio today!
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 1,932
Total interior livable area: 1,932 sqft
Finished area above ground: 1,932
Finished area below ground: 0
Property
Parking
Parking features: Off Street
Features
Levels: Multi/Split
Patio & porch: Deck
Fencing: Back Yard,Chain Link
Body of water: None
Lot
Size: 0.29 Acres
Features: Private
Residential vegetation: Grassed
Details
Parcel number: 15 132 10 028
Special conditions: Investor Owned
Construction
Type & style
Home type: SingleFamily
Architectural style: Brick 4 Side,Traditional
Property subtype: Single Family Residence
Materials
Vinyl Siding
Foundation: Block
Roof: Composition
Condition
Resale
New construction: No
Year built: 1972
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
Features: Street Lights, Walk To Schools, Near Shopping
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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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