1058 Atlantic Drive NW, Atlanta, GA 30318

$824,900
8
BD
3
BA
2,800
SqFt

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List Price
$824,900
MLS#
10856144
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
8
Bathrooms
3
Square Footage
2,800
Square Footage Source
Other
Lot Size
0.189
Subdivision
Home Park
Basement
Yes

Property Description

COMPLETE Investor Package in GA TECH Campus corridor, Home Park is an exclusive neighborhood right off I-85 and 5 MINUTE walk to campus. This home has three available levels, large backyard lot for development. ALL fixtures, and furniture are transferred at sale of property. Total of 8 bedrooms.Total rental income is $12-$13k / month for both properties. Full capacity rent is $15-$17k, 6-7% Cap Rate. Leases transferred with sale of property. Roof recently replaced 2021. New windows installed 2024-2026! Starlink WIFI and Security System available. All Furniture stays with sale of property. Main level and basement has full, renovated kitchens. Refreshed common area with new TV. Basement level has private exterior access with deck. Separate kitchen in basement. This is a RARE OPPORTUNITY to purchase TWO SIDE-BY-SIDE R5 zoned properties that are READY TO LEASE! 1054 Atlantic Drive and 1058 Atlantic drive have a total of .38 acres sharing a spacious & well maintained fenced yard. Second property 1054 Atlantic Drive NW listed for $858,900 MLS #7831976. Has 7 bedrooms. Sellers have transferrable service with Coolray HVAC service and filter maintenance, monthly cleaners, and termite treatment. 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, Traditional
Stories
3 or More Stories
Year Built
1941
Fireplaces
1
Parking
Attached, Off Street
Sewer
Public Sewer
Elementary School
Centennial Place
High School
Midtown
Acres
0.19
Levels
Three Or More

Listing courtesy of Virtual Properties Realty.com.

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