Atlanta, GA 30310,922 Metropolitan Pkwy SW
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Atlanta, GA 30310,922 Metropolitan Pkwy SW
Atlanta, GA 30310,922 Metropolitan Pkwy SW
Atlanta, GA 30310,922 Metropolitan Pkwy SW
Atlanta, GA 30310,922 Metropolitan Pkwy SW
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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 700,000
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922 Metropolitan Pkwy SW Atlanta, GA 30310


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Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

MLS Listing ID 10474694

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1935

Annual Tax Amount $1,491

Tax Year 22

Lot Size 8,799 Sqft

Acres 0.202

Lot Dimensions 8799.12

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

Rooms

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Community Features None

Utilities Available Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected, Water Billing Prorated

View Y/N No

Garage No

Private Pool No

Building

Faces Ask Seller

Sewer Public Sewer

Water Public

Structure Type Brick,Concrete

New Construction No

Schools

Elementary Schools Dunbar

Middle Schools Sylvan Hills

High Schools Carver

Others

HOA Fee Include None

Tax ID 14 008700011137

Special Listing Condition Updated/Remodeled


Georgia MLS - GAMLS

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+1(404) 845-7724

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922 Metropolitan Pkwy SW