Atlanta, GA 30318

$858,900
7
BD
3
BA
2,800
SqFt

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List Price
$858,900
MLS#
7848014
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
7
Bathrooms
3
Square Footage
2,800
Lot Size
0.191
Subdivision
Home Park
Basement
Yes
Basement Description
Exterior Entry, Finished

Property Description

COMPLETE Investor Package GA TECH Campus corridor, Home Park is an exclusive Georgia Tech neighborhood right off I-85 and 5 minute walk to campus. All furniture, fixtures, and leases transferred with sale of the property! Home has three available levels. Total of 7 bedrooms. Total rental income is $12-$13k / month for both properties. Full capacity rent is $15-$17k, 6-7% Cap Rate. HVAC replaced 2025. Water heater 2022. WHOLE Basement level has NEW drop ceiling and private exterior access. Main level and basement has renovated kitchens. Main level has NEW extra large deck. Underneath, area is prepped with plumbing and sewer to build a studio. Starlink WIFI and Security System available. Sellers have transferrable service with Coolray HVAC service and filter maintenance, monthly cleaners, and termite treatment. READY TO LEASE! This is a RARE OPPORTUNITY to purchase TWO SIDE-BY-SIDE R5 zoned properties. 1054 Atlantic Drive and 1058 Atlantic drive has a total of .38 acres sharing a spacious & well maintained fenced yard. Second property 1058 listed for $824,900 MLS #7831978. 1058 Atlantic Drive NW has 8 bedrooms. 5 minute walk to GEORGIA TECH SCHOOL OF CHEMISTRY, 9 minute walk to MACCAMISH PAVILION, 15 minute walk to GEORGIA TECH LIBRARY, and 20 minute walk to GEORGIA TECH GREEK ROW. Unbeatable location and instant ROI with rental income. ALL OFFERS WELCOMED!

Additional Information

Style
Craftsman
Stories
Three Or More
Construction
Brick, Stone, Wood Siding
Year Built
1945
Neighborhood Amenities
None
Kitchen Features
Breakfast Bar, Second Kitchen
Interior
Bookcases
Fireplaces
1
Exterior
Lighting, Private Entrance, Private Yard
Roof
Slate
Parking
Attached
Lot Desc
Level
Water
Public
Sewer
Public Sewer
Elementary School
Centennial Place
Middle School
Centennial Place
High School
Midtown
Acres
0.19
Levels
Three Or More
Taxes
$9,657

Listing courtesy of Virtual Properties Realty.com.

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