Offered at $475,000 with a CAP rate of 6.5%, this investment property boasts a potential annual gross income of $75,000. Currently 90% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes two units, the upstairs with 5 rooms, 2 bathrooms, the downstairs with 4 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com)

Listing courtesy of Atlanta Leasing & Investment



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Last checked: 2025-03-09 10:40 PM UTC