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

$159,000

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    Atlanta, GA 30314

    • 0 Beds
    • 0 Baths
    • 0 sq.ft.
    • Multi-Family
    MLS# 6107537
    SOLD 3/15/2019

    $159,000

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    Property Details

    Calling all investors!! Rear opportunity, 6 bedroom, 2.5 bath fully furnished rooming house. Excellent income opportunity. Currently generates $3000 per month in rent. Adjacent to the Morehouse and Clark Atlanta campuses, makes for great student housing. 6 working class tenants currently occupy the home on a month-to-month basis, leaving flexibility for any buyer. 17.5% Cap rate after expenses!!

    • General Features
      • Area 22 - Atlanta North
      • Assumable 0
      • Community Features None
      • District 05
      • Number Of Units Total 6
      • Property Condition Resale
      • Property Type Residential Income
      • Special Circumstances Investor Owned, No disclosures from Seller, Sold As/Is
      • Special Listing Conditions None
      • Subdivision Complex Atlanta University Center
      • Year Built 1920
    • Building Features
      • Accessibility Features None
      • Construction Materials Vinyl Siding
      • Cooling Central Air
      • Green Energy Efficient None
      • Heating Central
      • Roof Type Shingle
      • Security Features None
    • Property Features
      • Dock None
      • Fencing None
      • Lake Name None
      • Lot Features Level
      • Parking Features None
      • Sewer Public Sewer
      • Utilities None
      • Waterfront Features None
    • Schools
      • Elementary School M. A. Jones
      • High School Booker T. Washington
      • Middle School Brown

    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

    $127,250 Median Sales Price
    50 Homes Sold
    125 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $159,000
        3/16/2019 3:24:04 AM Price Unchanged Source New Value: $159,000
        3/15/2019 3:00:00 AM Sold Source New Value: $159,000
        1/7/2019 2:49:01 PM Status Changed Source New Value: Pending
        1/7/2019 2:48:31 PM Status Changed Source New Value: Pending
        12/30/2018 8:47:52 PM Status Changed Source New Value: Pending Offer Approval
        12/30/2018 8:47:42 PM Status Changed Source New Value: Pending Offer Approval
        12/14/2018 5:48:28 PM Status Changed Source New Value: Active
        12/14/2018 5:48:05 PM Status Changed Source New Value: Active
        12/9/2018 1:48:05 PM Status Changed Source New Value: Pending
        12/9/2018 1:47:51 PM Status Changed Source New Value: Pending

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        Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2019 First Multiple Listing Service, Inc. Last updated: 3/24/2019 1:16:26 AM