INCOME EARNING OPPORTUNITY. Property is leased as long term rentals for individual rooms. 4 bedrooms/4 bathrooms with a bathroom in each bedroom. Renovation was done in 2012 - but needs some TLC in order to get market rent. One shared living room space and a shared kitchen space. The property also includes a back shed with electricity currently used as a file storage room. Currently has 3 tenants earning $1400/month - monthly expenses at $1050/month = 1% Cap rate. But can earn up to $3500/month with proper renovation.
Listed By
Agency Name: Empire Realty Group, Inc.
Agency Phone: 678-756-7855
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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3139 Shallowford Road Ne | MLS# 7820244
This commercial property located at 3139 Shallowford Road Ne, Atlanta, GA 30341 is currently listed for sale with an asking price of $420,000. Search Atlanta real estate on www.clhomes.com today.