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Ann Milano | Real Estate Broker
House America Real Estate
1953 Wellington Lane
Marietta, GA 30062
404-966-3980
Contact Us

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Listing 19 out of 250
$159,000 For Sale
Single Family Home - MLS# 6107537
Property Photo
1/14

Description

Calling all investors!! Rear opportunity, 6 bedroom, 2.5 bath fully furnished rooming house. Excellent income opportunity. Currently generates $3000 per month in rent. Adjacent to the Morehouse and Clark Atlanta campuses, makes for great student housing. 6 working class tenants currently occupy the home on a month-to-month basis, leaving flexibility for any buyer. 17.5% Cap rate after expenses!!

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family Home
  • Listing Status: Active
  • County/Area: Fulton County
  • Zip Code: 30314
  • Year Built: 1920
  • Subdivision/Neighborhood: Atlanta University Center
  • Elementary School: M. A. Jones
  • Middle School: Brown
  • High School: Booker T. Washington
  • Age Desc: Resale
  • Approximate Lot Size: Under 1/3 Acre
  • Construction Desc: Vinyl Siding
  • Cooling Desc: Central Air
  • District: 05
  • Gross Income: 3000
  • Heat Type: Central
  • Lot Desc: Level
  • Lot Dimensions: 3798 sq ft
  • Number Of Units Total: 6
  • Property Category: Residential Income
  • Roof Type: Shingle
  • Sewer Desc: Public Sewer
  • Special Circumstances: Investor Owned, No Disclosures From Seller, Sold As/Is
  • Tax Year: 2017
  • Taxes: 757
  • Water Source: Public Water
Courtesy of RE/MAX Metro Atlanta Cityside
 



Ann Milano | 404-966-3980 | Contact Us
1953 Wellington Lane - Marietta, GA 30062
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