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$355,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
2.00 |
1,232 |
$5,144 |
1920 |
On the market:
5 days
|
View full details, photos, school info, and price history
This offering presents a prime opportunity to acquire a stabilized, income-producing residential investment property located
in the rapidly revitalizing South Atlanta submarket. The asset consists of a 3-bedroom, 2-bath bungalow totaling
approximately 1,232 square feet, situated on a corner lot with a large, level backyard and convenient off-street parking.
Originally utilized as a short-term rental (Airbnb), the property has since transitioned into a long-term tenancy, providing
consistent monthly income and reduced management intensity. The current lease ensures immediate cash flow upon
acquisition, making this an ideal turnkey investment for both new and seasoned investors. The residence was built in 1920 and extensively updated to meet modern living standards while
maintaining its classic architectural character. Interior improvements include refinished hardwood
flooring, a fully updated kitchen with white cabinetry and stainless-steel appliances, upgraded
bathrooms, and high ceilings throughout. The exterior features low-maintenance vinyl siding and a
welcoming front porch that enhances curb appeal.
Strategically positioned near Downtown Atlanta, Mercedes-Benz Stadium, Hartsfield-Jackson
International Airport, and the Pittsburgh Yards redevelopment, the property benefits from strong
rental demand and long-term appreciation potential within this rapidly improving corridor.
Listing courtesy of Shantia Whitfield, Coldwell Banker Realty