Bought with Michael Dumler • Cornerstone R/Estate Partners
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Key Details
Sold Price $295,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,825 sqft
Price per Sqft $104
Subdivision Ridgefield West
MLS Listing ID 10324018
Sold Date 09/18/24
Style Traditional
Bedrooms 10
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1983
Annual Tax Amount $4,406
Tax Year 2023
Lot Size 0.500 Acres
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $6,200+ per month gross income per month (AFTER vacancies). Mind boggling cash flow will give you a cash-on-cash return of 25%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Dekalb
Rooms
Basement Daylight, Finished
Main Level Bedrooms 5
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Hardwood, Laminate
Exterior
Garage Off Street
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Roof Type Other
Building
Story Multi/Split
Foundation Slab
Sewer Public Sewer
Level or Stories Multi/Split
Construction Status Resale
Schools
Elementary Schools Panola Way
Middle Schools Redan
High Schools Redan
Others
Acceptable Financing FHA
Listing Terms FHA
Financing Conventional
Special Listing Condition As Is, No Disclosure
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