This is an excellent turnkey buy and hold SECTION 8 opportunity to generate $2600 per month in GUARANTEED income. Each unit will bring in $1300 per month. This solid brick home is setup like a duplex. Seller will complete renovations needed to make Section 8 ready for investor to collect rental income from day one. Comparable income-producing property in the neighborhood sold for $222,000. Cap rate for this gem is estimated at 13%. Sold as is, where is. Close with Chalker & Chalker as title is ready.
Off market
$180,000
2875 3rd Ave SW, Atlanta, GA 30315
0beds
0baths
974sqft
SingleFamily
Built in 1960
9,347 Square Feet Lot
$180,000 Zestimate®
$185/sqft
$1,524 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Refrigerator
Features
- Flooring: Tile, Hardwood
Interior area
- Total interior livable area: 974 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 9,347 sqft
- Features: Other
Details
- Parcel number: 14009300031608
Construction
Type & style
- Home type: SingleFamily
Materials
- Stone
- Roof: Composition
Condition
- Resale
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Atlanta
Other
Other facts
- Construction Materials: Brick 4 Sides
- Property Condition: Resale
- Property Type: Residential Income
- Roof Type: Composition
- Sewer: Public Sewer
- Tax Year: 2018
- Cooling: Central Air
- Water Source: Public
- Heating: Central
- Waterfront Footage: 0
- Standard Status: Pending
- Parking Features: Driveway
- View: City,Other
- Utilities: Electricity Available
- High School: South Atlanta
- Middle School: Long
- Security Features: Carbon Monoxide Detector(s)
- Owner Financing Y/N: 0
- Lot Features: Other
- Taxes: 286.00
- Elementary School: Hutchinson
- Acreage Source: Public Records
- Parcel Number: 14 009300031608
Services availability

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