Rare 5 Unit Complex RIGHT ACROSS from Ponce City Market!!. Amazing Cash flow opportunity. Currently over 6% Cap Rate. 4 lg, Charming Units in quad feature Refinished Hdwd floors throughout, renovated bathrooms, renovated kitchens w/SS Appliances & Granite Counter-tops. New Fixtures. New Window Treatments. New Paint throughout. W/D in each unit. Sep Dining Room, Giant Bdrms and LRs. Each have Own Deck & 2 entrance. Stand Alone One-of-a Kind renod two story 5th unit/Carriage House w/ 2 Entrances & 2 bathrooms. All units have Central HVAC, Separate Electric & Gas Meter. 2019-07-08
Off market
$1,605,400
716 Lakeview Ave NE, Atlanta, GA 30308
--beds
0baths
500sqft
MultiFamily
Built in 1930
-- sqft lot
$1,605,400 Zestimate®
$3,211/sqft
$2,304 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Hookups In Unit
Features
- Basement: Slab/None
Interior area
- Total interior livable area: 500 sqft
Property
Parking
- Total spaces: 6
Features
- Exterior features: Brick
Lot
- Size: 7,013 sqft
Details
- Parcel number: 14004800080924
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1930
Utilities & green energy
- Water: Public Water
Green energy
- Energy efficient items: Programmable Thermostat
Community & neighborhood
Location
- Region: Atlanta
Other
Other facts
- Appliances: Other
- HeatingYN: true
- CoolingYN: true
- FoundationDetails: Slab
- LeaseTerm: 12 Months
- RentIncludes: See Remarks, Trash Collection
- WaterSewerExpense: 3600
- MaintenanceExpense: 1200
- PropertyCondition: Updated/Remodeled
- StructureType: Multi Family, Apartments (5+ Units)
- CommunityFeatures: Sidewalks, Street Lights, Park
- GreenEnergyEfficient: Programmable Thermostat
- AssociationAmenities: Sidewalks, Street Lights, Park, Walk To Schools, Walk To Shopping, Walk To Marta
- WaterSource: Public Water
- Basement: Slab/None
- FarmLandAreaSource: Other (see remarks)
- LotDimensionsSource: See Remarks
- ParkingFeatures: Over 1 Space per Unit
- LaundryFeatures: Hookups In Unit
- BeastPropertySubType: Multifamily
- InsuranceExpense: 4000
- GrossIncome: 102720
- NetOperatingIncome: 80920
- OperatingExpense: 21800
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,605,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,605,400