A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 9.1% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft’s planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. Seller willing to hold a second mortgage. Contact for details.

Date Added: 9/23/22 at 5:00 am
Last Update: 1/4/23 at 7:49 pm

Interior

  • GeneralEntrance Foyer, Low Flow Plumbing Fixtures
  • RoomsOther
  • AppliancesGas Oven, Gas Range, Microwave, Refrigerator
  • LaundryNone
  • BasementNone
  • FlooringHardwood, Vinyl
  • A/CCentral Air
  • HeatingForced Air, Natural Gas
  • FireplaceNone, Fireplaces: 0
  • Disability FeatureNone
  • Eco/Green FeatureNone, None

Exterior

  • GeneralPrivate Front Entry, Private Rear Entry, Rain Gutters, None, None
  • StyleTraditional
  • PoolNone
  • ParkingNone

Construction

  • RoofingComposition, Shingle
  • WindowsNone
  • GeneralBrick 4 Sides, Two, Slab

Location

  • Road/AccessCity Street
  • HOA Amenities0.0

Lot

  • Zoning-, 14 017500100354
  • ViewCity
  • FencingNone

Utilities

  • UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available, Other
  • WaterPublic
  • SewerPublic Sewer

Financial

  • SourceFMLS API, FMLS API

Schools

  • DistrictAtlanta City School District
  • ElementaryWoodson Park Academy
  • MiddleJohn Lewis Invictus Academy/Harper-Archer
  • HighFrederick Douglass

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