Step into an exceptional investment opportunity with this beautifully updated 2,400 sq. ft. property in sought-after Niskey Lake! Investors will love the solid 10% return, while homeowners can enjoy the potential to live rent-free. This split level features two meticulously maintained units: Floor One boasts 3 bedrooms, 1 bathrooms, luxurious marble countertops, full-sized kitchen, and a spacious outdoor deck, perfect for relaxation. Floor 2 offers 2 bedrooms, 1 bathroom, a full-sized kitchen, and a cozy fireplace, with a serene patio. With a Net Operating Income of over $31,000 and a solid 10% cap rate, this turnkey property is an investor's dream. Enjoy peace of mind with a home warranty valid for one year. Perfectly located just 15 minutes from Hartsfield-Jackson Airport, Tyler Perry Studios, and Camp Creek Marketplace, this property offers convenience and charm. Submit all offers with Proof of Funds or Financing Pre-Qualification. Tenants are already in place, so please **DO NOT DISTURB THEM**. Showings will be available during due diligence. Don't let this incredible opportunity slip away!
Mls | 10365695 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1973 |
Days On Site | 105 |
Listing Provided By | Compass | Arnee W. Harrison |
Units | 2 |
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Acreage | 0.25 |
State | GA |
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County | Fulton |
City | Atlanta |
Zip Code | 30331 |
Community Name | Niskey Lake |
School District | Therrell |
Elementary School | Deerwood Academy |
Middle School | Bunche |
High School | Therrell |
Listing VS Median (in Niskey Lake) | |
Price: $325,000 low | high Med: $599,999 On Site: 105 low | high Med: 12.000000 |