Listing Courtesy of: Jlewis@saffordsells.com - John Lewis - Chapman Hall Realtors 4042529500

2966 Old Jonesboro Road SW Atlanta, GA 30315

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Fourplex Residence
Beds
Baths
Sq. Ft.
0.28 Acre Lot

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Last updated on 11/13/2024 1:53 PM
Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,600+ Monthly Income Looking for steady cash flow and strong rental income potential? This 4-unit property offers an outstanding $4,600+ in monthly income and the flexibility to be rented long-term or converted to short-term ren...tals (Airbnb). Located in a highly desirable area near downtown Atlanta, this property is perfect for savvy investors looking to capitalize on both consistent cash flow and property appreciation. Property Highlights: $4,600+ Monthly Cash Flow: With three of the four units currently occupied (Unit #3 is available), this property provides immediate income with the potential for further revenue growth through short-term rentals like Airbnb. Updated and Move-In Ready: Two of the units have been fully renovated in 2023, ensuring modern finishes and reducing immediate maintenance needs. All units feature new vinyl hardwood flooring (no carpet), which enhances appeal and simplifies upkeep. Flexibility in Leasing: The property's versatile rental options (long-term or short-term) make it a great investment for maximizing returns, depending on market conditions and tenant demand. Unit Breakdown: Unit 1 - Fully Renovated Basement Apartment (2023) Private entrance with a basement-level entry (5 steps down). Brand new kitchen with granite countertops, stainless steel appliances (fridge stove), and a modern stainless steel sink. New vinyl hardwood flooring (no carpet!). Updated bathroom and fixtures. Shared washer/dryer with Unit 2, located in the hallway between both units. Unit 2 - Fully Renovated Large Studio/1-Bedroom Basement Apartment (2023) Private entrance, with a modern open-concept studio/1-bedroom layout. New kitchen featuring granite countertops, stainless steel appliances (fridge stove), and new stainless steel sink. Updated bathroom with new vanity and light fixtures. New vinyl hardwood flooring (no carpet!). Continue reading
MLS#
10409338
Property Type
Fourplex
Year Built
1940
Lot Size
0.28
Sewer
Public Sewer, Other

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Listing Courtesy of: Jlewis@saffordsells.com - John Lewis - Chapman Hall Realtors 4042529500
Andrea D. Conner, License 367751, Xome Inc., License 65656, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Georgia MLS. All rights reserved.
This content last refreshed on 11/13/2024 1:53 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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