Skip main navigation
Closed
  • $205,000

    397 Lincoln St SW, Atlanta, GA 30315

    3beds
    1,024sqft
    Single Family Residence
    Built in 1958
    8,842.68 Square Feet Lot
    $214,900 Zestimate®
    $200/sqft
    $1,674 Estimated rent

    What's special

    Great investment opportunity. Remodeled and updated in 2018 and has been an income powerhouse. Currently leased with a long term Tennant at $1,300 a month with roughly five months remaining on lease with interest in renewing. Roughly 750 sqft basement with separate exterior entrance, wired and plumbed. Was once an apartment. Owner was planning to finish it out and turn it into another unit. Owner was also in the process of building an ADU in the large back yard for a third unit. Potential monthly revenue estimated to be around $2800 - 3200 with the added units. Tankless water heater installed in 2022 with enough capacity to supply main home, basement apartment, and ADU. Amazing buy and great investment. No wholesalers and not up for assignment. Please do not disturb tenants. ** Seller is a licensed real estate agent

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2024 at 11:23am

    Listed by:

    eXp Realty

    Bought with:

    Joseph Stockdale, 345446

    Joe Stockdale Real Estate

    Source: GAMLS,MLS#: 10082590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Kitchen
    • Features: Breakfast Area, Breakfast Bar, Pantry, Solid Surface Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer
    • Laundry: Common Area, Laundry Closet
    Features
    • Rear Stairs
    • Flooring: Carpet, Hardwood
    • Basement: Exterior Entry,Full
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,024
    • Total interior livable area: 1,024 sqft
    • Finished area above ground: 1,024
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Carport, Kitchen Level
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    • Has view: Yes
    • View description: City
    • Waterfront features: No Dock Or Boathouse
    • Body of water: None
    Lot
    • Size: 8,842 sqft
    • Features: Other
    Details
    • Parcel number: 14 008900040084
    • Special conditions: Agent Owned,Agent/Seller Relationship

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow/Cottage
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Concrete
    • Foundation: Block
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: None
    Location
    • Region: Atlanta
    • Subdivision: Joyland

    HOA & financial

    HOA
    • Has HOA: No
    • Services included: None

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.