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Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Atlanta University Center
MLS Listing ID 7384459
Sold Date 06/24/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1930
Annual Tax Amount $5,255
Tax Year 2023
Lot Size 0.330 Acres
Acres 0.33
Property Description
Cash Flowing Student Housing in the heart of the AUC with a 9% Cap rate! Fully occupied and stays occupied with a waiting list for rentals! Located adjacent across from the Morehouse! Do not disturb tenants! Inspections during DD. Sold AS IS. No Disclosures. The property has 5 Bedrooms and 5 Bathrooms, every room has its own bathroom. Don't miss out on this amazing opportunity! Smart Investment! Hurry! Tenenat Occupied! DO NOT DISTURB TENANTS!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Natural Gas
Cooling Central Air
Window Features Storm Window(s)
Exterior
Parking Features None
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Underground Utilities
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools M. A. Jones
Middle Schools Fulton - Other
High Schools Booker T. Washington
Others
Senior Community no
Tax ID 14 010900040775
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Coldwell Banker Realty
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