2966 Old Jonesboro Road

Atlanta, GA 30315

$435,000

Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,350 Monthly Income May be open to owner financing. 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!).

    MLS Data

  • StatusActive
  • MLS #7483125
  • TypeResidential Income
  • SpecialInvestor Owned, Owner Will Consider Exchange

    Exterior Details

  • ConstructionBrick, Frame
  • Built In1940
  • StoriesArray
  • ParkingAttached, Driveway, Garage, Level Driveway, Parking Lot
  • ServicesPublic Transportation, Sidewalks, Street Lights
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionLevel, Private
  • Acres0.285

Listing Provided Courtesy Of: Chapman Hall Realtors 404-252-9500

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Data Last updated on July 8, 2025 10:28am

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