C.L. Bailey Real Estate Services LLC 161 Milton Ave, Atlanta, GA 30314

161 Milton Ave $205,000

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    161 Milton Ave Atlanta, GA 30314

    • 0 Beds
    • 0 Baths
    • 0 sq.ft.
    • Multi-Family
    MLS# 8491552
    SOLD 3/15/2019

    $205,000

    Days On Market: 0 0 Views
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    Property Details

    Calling all investors!! Rear opportunity, 8 bedroom, 2.5 bath fully furnished rooming house. Excellent income opportunity. Currently generates $4000 per month in rent. Adjacent to the Morehouse and Clark Atlanta campuses, makes for great student housing. 8 working class tenants currently occupy the home on a month-to-month basis, leaving flexibility for any buyer. 20% Cap rate!!

    • General Features
      • Multi-family Type Other (See Remarks)
      • Tax Year 2017
      • Property Type Multifamily
      • Year Built 1920
      • Taxes 789.7
      • Subdivision Atlanta University Center
      • County Fulton
      • Area ATN2
    • Building Features
      • Basement Crawlspace
      • Amenities None
      • Construction Status Resale
      • Construction Aluminum/Vinyl
      • Fees Include None
      • Energy Related None
      • Cooling Type Central
      • Cooling Source Electric
      • Total Fireplaces 0
      • Total Units 0
      • Stories 1 Story
      • Special Conditions As Is, Investor Owned, No Disclosure
      • Quadrant Sw
      • Heating Type Central
      • Heating Source Gas
    • Property Features
      • Annual Gross Income 48000
      • Acreage 0.08
      • Lot Dimensions 3798 sq ft
      • Water Sewer Public Water, Sewer Connected
    • Schools
      • Middle School Brown
      • Elementary School Jones
      • High School Washington

    Neighborhood

    30314 (Atlanta) Demographics

    26Median Age
    5,022Population Density (per sq. mile)
    26%College Educated
    $25,196Estimated Median Income
    2,138Estimated Total Home Owners
    5,046Estimated Total Renters
    30% / 70%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    23,450Total Population

    Market Last 30 Days

    $120,000 Median Sales Price
    49 Homes Sold
    117 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        3/15/2019 3:00:00 AM Sold Source New Value: $205,000
        12/19/2018 11:19:04 PM Status Changed Source New Value: Under Contract
        12/19/2018 11:18:34 PM Status Changed Source New Value: Under Contract
        12/14/2018 1:19:41 AM Status Changed Source New Value: Active
        12/14/2018 1:18:39 AM Status Changed Source New Value: Active

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