922 Metropolitan Pkwy SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30310
Key Details
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10474694
Year Built 1935
Annual Tax Amount $1,491
Tax Year 22
Lot Size 8,799 Sqft
Property Sub-Type Multi Family,Duplex
Property Description
Offered at $700,000 with a CAP rate of 8.5%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes two units, the upstairs with 3 rooms, 1 bathroom, and the downstairs with 7 rooms and 2 bathrooms. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air
Exterior
Parking Features None
Community Features None
Utilities Available Electricity Billing Prorated,Gas Billing Prorated,Sewer Connected,Water Billing Prorated
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
New Construction No
Schools
Elementary Schools Dunbar
Middle Schools Sylvan Hills
High Schools Carver
Others
Special Listing Condition Updated/Remodeled