Professionally managed by DHC Property Management. This fully renovated 8-unit multifamily property is located in the heart of Historic College Park and offers strong income potential with additional upside. The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month. An additional detached building provides excellent value-add potential -- ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use). Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listed by Keller Williams Realty Metro Atlanta 404-564-5560
Professionally managed by DHC Property Management. This fully renovated 8-unit multifamily property is located in the heart of Historic College Park and offers strong income potential with additional upside. The property is currently generating approximately $7,800/month with two vacant units remaining to be leased. Once fully occupied, projected gross monthly income is approximately $10,900/month. An additional detached building provides excellent value-add potential -- ideal for conversion into a shared laundry facility for added passive income or the opportunity to create another rental unit (buyer to verify zoning and permitted use). Recent renovations make this a turnkey investment opportunity for buyers seeking immediate cash flow with future upside.
Property Details
Location Information+
County
Fulton - GA
Latitude
33.658267
Longitude
-84.447307
Subdivision
Historic College Park
Directions
Please use GPS
Interior Features+
Approximate Size (Sq. Ft.)
0
Has Fireplace
No
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Disabled Features
None
Total Number of Units
8
Exterior Features+
Stories
Two
Is New Construction
No
Construction
Shingle Siding
Roof
Shingle
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Available, Natural Gas Available
Security Features
Carbon Monoxide Detector(s)
Parking Description
Parking Lot
Lot Description
Level
Lot Size in Acres
0.526
Energy Features
Appliances
Water Body
None
School+
Elementary School
Parklane
Middle School
Paul D. West
High School
Tri-Cities
Additional Information+
Property Type
RI
Property SubType
Other
Property Condition
Resale
Year Built
1920
Status
Active
Complex Name
Historic College Park
Neighborhood Amenities
Near Public Transport, Near Schools, Near Shopping, Restaurant, Sidewalks