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Key Details
Sold Price $375,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Colonial Hills
MLS Listing ID 7052868
Sold Date 08/18/22
Construction Status Resale
HOA Y/N No
Year Built 1935
Annual Tax Amount $2,007
Tax Year 2021
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
HUGE Price reduction. Instant equity. Property will be sold "as is." Calling all investors and savvy home buyers! Live in one unit, and let the other unit pay for part of your mortgage payment! This all brick income producing property is nestled on a corner lot in HOT Colonial Hills! .The HUGE PRICE REDUCTION reflects that, while this home is perfectly livable in its current condition, there is room for sweat equity! The lower level is vacant and the upper unit is leased through September. With rents skyrocketing throughout the metropolitan Atlanta area, this property has the potential to produce quite a bit of passive income. In an effort to minimize disruption of the tenant, you are welcome to show the LOWER LEVEL ONLY via a showing time request. PLEASE do NOT attempt to show the upper level. We will make arrangements for you to view the upper level during due diligence. Please use showing time.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air, Separate Meters
Flooring Hardwood
Window Features Double Pane Windows
Exterior
Parking Features Driveway
Fence Back Yard
Community Features Near Marta, Near Schools, Near Shopping, Park, Playground, Public Transportation, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 2
Building
Lot Description Corner Lot, Level
Story One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Hamilton E. Holmes
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Tax ID 14 013400070144
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Solid Source Realty GA