💸🏡💸 MASSIVE UPSIDE POTENTIAL 💸🏡💸

THIS ONE WILL NOT LAST

Call Spencer  +1 (321) 394-9925 - Lock in your profits Today!!

Property Details 🏡

Atlanta, GA 30315

Renovated Triplex (building 1) 

Beds: 5

Baths: 4

Lot size: 1.2 Acres

Units: 3

Unit 1 : 2 Bed / 2 Bath (Rental Estimate $1,800/mo)

Unit 2: 2 Bed / 1 Bath (Rental Estimate $1,650/mo)

Unit 3: 1 Bed / 1 Bath (Rental Estimate $1,350/mo)

Unrenovated 5 Plex (Building 2)

Beds: 7

Baths:5

Lot size: 1.2 Acres

Units: 4

Unit A: 2 Bed / 2 Bath (Rental Estimate $1,800/mo)

Unit B: 2 Bed / 1 Bath (Rental Estimate $1,650/mo)

Unit C: 2 Bed / 1 Bath (Rental Estimate $1,650/mo)

Unit D: Living Space / No Beds

Unit E: 1 Bed / 1 Bath (Rental Estimate $1,350/mo)

2 multi-fam rentals on one lot! 7 total units in ATL! 130k Annual gross after rehab! Building 1 has been completely renovated and is already turning profits as a rental. Building 2 has been completely gutted on the interior and is ready to be rehabbed into a great asset. Currently set up as a 4 unit quad with one large common space in the middle. Lot can be split to sell both buildings individually. Quad plex can easily be converted to SFR to achieve a 500k ARV. Experienced Section 8 management group has agreed to manage the property with a 5 percent management fee

Price: $579,000

ARV: $1,000,000+

Current Section 8 Rates

Zip: 30315

0 Bed: $1,599      

1 Bed: $1,643

2 Bed: $1,844

3 Bed: $2,230

4 Bed: $2,707

Same-Day Appointments are Available!

Need to schedule your appointment now?

Call Spencer✨

+1 (321) 394-9925

Financing Available ➡️ Inquire with Spencer

💥YOU CAN ALSO CLICK THE WIN IT NOW BUTTON TO AVOID ALL BIDDING AND LOCK IT DOWN BEFORE SOMEONE ELSE DOES💥

The property is sold As-IS, Where-Is. Seller has no knowledge or any sellers disclosures on the property. Buyer should perform their due diligence and make their own assessments. Buyer assumes all risk. Buyer responsible for ALL closing costs!!!

COMPS

👇👇👇

1.9M (Sold on 08/27/24)

https://www.zillow.com/homedetails/1836-Dekalb-Ave-Atlanta-GA-30307/112823271_zpid/

- Fully renovated

- 6 plex

- 1-2 Bed units

1.31M (Sold on 07/09/24)

https://www.zillow.com/homedetails/1006-Dunning-St-SE-Atlanta-GA-30315/35882664_zpid/ 

- Duplex

- New build

- 3-5 Bed units

- similar beds and baths

- Close in proximity to subject

887K (Sold on 07/01/24)

https://www.zillow.com/homedetails/594-Parkway-Dr-NE-Atlanta-GA-30308/2092515842_zpid/

- Brick quadruplex

- 1930 build year

- clean

- 3 less units than subject

- 2 bed units

875K (Sold on 04/30/24)

https://www.zillow.com/homedetails/494-Old-Wheat-St-NE-Atlanta-GA-30312/35878675_zpid/

- Duplex

- Clean

- Similar size to building 1

- has 5 less units than subject

- 2-3 bed units

810K (Sold on 03/08/24)

https://www.realtor.com/realestateandhomes-detail/186-Hutchinson-St-NE_Atlanta_GA_30307_M67162-87329

-  Very clean

- Duplex

- 3 bed units

800K (Sold on 07/24/24)

https://www.realtor.com/realestateandhomes-detail/707-Delmar-Ave-SE_Atlanta_GA_30312_M64242-37989

- Renovated triplex only

- 1935 build

- 1 less bed and bath than building 1

- has 4 less units than subject

775K (Sold on 07/16/24)

https://www.zillow.com/homedetails/1278-Greenwich-St-SW-Atlanta-GA-30310/35842697_zpid/

- Renovated quad

- built in 1920

- 3 less units than subject

- 1-2 bed units