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Key Details
Sold Price $105,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Orchard Lane
MLS Listing ID 10198392
Sold Date 09/07/23
HOA Fees $3,480
HOA Y/N Yes
Originating Board Georgia MLS 2
Year Built 1973
Annual Tax Amount $1,255
Tax Year 2021
Lot Size 958 Sqft
Acres 0.022
Lot Dimensions 958.32
Property Description
Cash flowing rental that exceeds the 1% rule just outside the perimeter! This non-rent restricted condo unit is professionally managed, has a stable tenant in place, and is significantly under market rent rates for the area. This spacious two floor unit will make an excellent addition to your rental portfolio with potential cash on cash returns over 18%! Owner loves the unit but is selling off portfolio for a new opportunity. Their loss if your gain! It's very difficult to find this much cash flow this close to the city. Take advantage of Atlanta's incredible growth today! HOA fee is $290/month. No rent restrictions. Not FHA eligible **This is a one-unit income producing property, not multi-family**
Location
State GA
County Dekalb
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached
Community Features None
Utilities Available Other
View Y/N No
Garage Yes
Private Pool No
Building
Faces GPS
Sewer Public Sewer
Water Public
Structure Type Other
New Construction No
Schools
Elementary Schools Bob Mathis
Middle Schools Chapel Hill
High Schools Southwest Dekalb
Others
HOA Fee Include Maintenance Grounds
Tax ID 15 090 06 023
Special Listing Condition Resale
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Gia Felder
Broker Associate | License ID: 383783
Broker Associate License ID: 383783