This is an exceptional opportunity to become an investor and own a property in the sought-after neighborhood of Home Park. The property is meticulously maintained and currently fully occupied, ensuring a consistent stream of rental income. Its convenient location near Georgia Tech, just off 10th Street, adds to its appeal. The historic bungalow boasts original hardwood floors, adding charm and character to the units. Additionally, there is off-street parking available, providing convenience for tenants and reducing potential parking issues. Both units, 991 and 993, are fully furnished and offer a comfortable family room, kitchen, one bedroom, and one bathroom. This makes them highly desirable for tenants seeking a cozy living space. The units are separately metered for gas and power, with tenants responsible for paying these utilities. Each unit also features in-unit, full-sized washers/dryers, central HVAC systems, microwaves, and refrigerators, providing modern amenities and convenience. The landlord is responsible for the water bill, which typically ranges from $38 to $50 per month. Unit 993 has the added advantage of a new hot water heater installed in 2022, ensuring an efficient and reliable hot water supply for tenants. One of the most attractive features of this property is the steady income generated from excellent, long-term tenants. This indicates a reliable rental history and the potential for continued occupancy and rental income. Additionally, the property's fantastic accessibility to downtown shopping, restaurants, and parks enhances its appeal and marketability. With its proximity to Georgia Tech and downtown amenities, this property holds significant potential for a successful investment venture.
Closed
$435,000
991 Hampton St NE #993, Atlanta, GA 30318
1beds
--baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$486,200 Zestimate®
$--/sqft
$1,281 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 14, 2024 at 08:16am
Listed by:
Keller Williams Realty
Bought with:
Laura Matura, 271714
Atlanta Fine Homes - Sotheby's Int'l
Source: GAMLS,MLS#: 20132881
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
Heating
- Central
Cooling
- Central Air
Features
- Basement: Crawl Space
- Number of fireplaces: 2
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,356 sqft
Details
- Parcel number: 17 014900050647
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Brick, Wood Siding
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Individual Meters, Gas Individual Meters, Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Atlanta
- Subdivision: Home Park
Other
Other facts
- Listing agreement: Exclusive Agency
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
$486,200