This tenant-occupied 3 bedroom, 1 bathroom investment property offers immediate cash flow with a stable tenant paying $1,350 per month. Recently updated throughout, the property features a renovated interior, including an updated kitchen and bathroom, along with major system upgrades such as a new roof and new HVAC for added peace of mind and reduced maintenance. This is a turnkey opportunity for investors seeking a performing asset from day one with consistent rental income already established. The functional layout supports strong rental demand and long-term tenant retention. The property offers convenient access to major roadways including I-285 and I-20, providing easy connectivity throughout the metro area. The surrounding area also offers proximity to public transportation options, retail, and local services, further supporting rental stability. With immediate income, recent upgrades, and strong rental demand in the area, this property presents an excellent opportunity for investors looking to expand or strengthen their rental portfolio.
Active
$148,500
2766 Waters Rd SW, Atlanta, GA 30354
3beds
1baths
--sqft
Est.:
Other, Residential Income
Built in 1935
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Updated kitchenNew roofNew hvacFunctional layoutRenovated interior
- 23 hours |
- 53 |
- 2 |
Zillow last checked:
Listing updated:
Listing Provided by:
Ayanna Wilson,
Atlanta Communities 562-644-9083
Source: FMLS GA,MLS#: 7770607
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Central
Cooling
- Central Air
Features
- Windows: None
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Exterior features: No Dock
- Fencing: None
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
- Body of water: None
Lot
- Size: 0.56 Acres
- Features: Level
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other, Residential Income
Materials
- Wood Siding
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
Community & HOA
Community
- Features: None
- Security: None
- Subdivision: Glenrose Heights
HOA
- Has HOA: No
Location
- Region: Atlanta
Financial & listing details
- Annual tax amount: $1,713
- Date on market: 5/15/2026
- Listing terms: 1031 Exchange,Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $148,500 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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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Climate risks
Neighborhood: Glenrose Heights
Nearby schools
GreatSchools rating
- 3/10Cleveland Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Long Middle SchoolGrades: 6-8Distance: 1 mi
- 2/10South Atlanta High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Cleveland Avenue
- Middle: Crawford Long
- High: South Atlanta
Source: FMLS GA. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Georgia
- Fulton County
- Atlanta
- 30354
- Glenrose Heights
- 2766 Waters Rd SW






