663 Magnolia Street NW

Atlanta, GA 30314

$295,000

Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

    MLS Data

  • StatusActive Under Contract
  • MLS #7493893
  • TypeResidential Income
  • SpecialInvestor Owned, No disclosures from Seller, Sold As/Is

    Exterior Details

  • ConstructionAluminum Siding, Vinyl Siding
  • Built In1998
  • StoriesArray
  • ParkingParking Lot
  • ServicesNear Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway
  • UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionLevel
  • Lot DimensionsX
  • Acres0.1

Listing Provided Courtesy Of: Berkshire Hathaway HomeServices Georgia Properties 404-537-5200

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Data Last updated on December 28, 2024 10:45pm

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