2966 Old Jonesboro RD, Atlanta, GA 30315 - MLS#7483125

See all 22 photos

$485,000

Est. payment - /mo

Save

0.28 Acres Lot

Active

2966 Old Jonesboro RD Atlanta, GA 30315

Save

In-PersonVirtual Tour

Quillie Williams

sold@quillie.com +1(678) 573-6100

UPDATED:

11/19/2024 08:16 PM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Atlanta-Fulton

MLS Listing ID 7483125

Construction Status Updated/Remodeled

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1940

Annual Tax Amount $5,034

Tax Year 2022

Lot Size 0.285 Acres

Acres 0.285

Property Description

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 rentals (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!).

Location

State GA

County Fulton

Lake Name None

Interior

Heating Electric, Forced Air, Other, Wall Unit(s)

Cooling Ceiling Fan(s), Central Air, Wall Unit(s), Window Unit(s)

Flooring Carpet, Laminate, Other

Window Features Double Pane Windows

Exterior

Garage Attached, Driveway, Garage, Level Driveway, Parking Lot

Fence None

Community Features Other, Public Transportation, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Available, Water Available

Waterfront Description None

View Other

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 6

Private Pool false

Building

Lot Description Level, Private

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick,Frame

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Emma Hutchinson

Middle Schools Crawford Long

High Schools South Atlanta

Others

Senior Community no

Tax ID 14 009300031244

Special Listing Condition None

Listed by Chapman Hall Realtors

GET MORE INFORMATION

Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

Quillie Williams

2966 Old Jonesboro RD Atlanta, GA 30315

Quillie Williams

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

2966 Old Jonesboro RD