Listing Courtesy of: Hillary Dukes - Berkshire Hathaway HomeServices Georgia Properties
404-537-5200
$295,000
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663 Magnolia Street NW Atlanta, GA 30314
Other
Residence
Beds
Baths
Sq. Ft.
0.1
Acre
Lot
Property Activity
Time on Site
days
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Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium..., Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!
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MLS#
7493893
Property Type
Other
Year Built
1998
Lot Size
0.1
Stories
2.0
Sewer
Public Sewer
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