BEDS0
BATHS
MLS#10709595
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCity of Marietta-Bricewood
NEIGHBORHOODMarietta
Property Description
FANTASTIC OPPORTUNITY to gain a wonderful Rental Income Investment! This is a Duplex with Two Units. 493 and 495 Birney Street - both with leases in place until 2/24/2027 with steady and reliable tenants. 493 Birney is a 2 bed 1 bath unit and 495 Birney has a finished basement providing a 3 bedroom 2 bath unit which is rare for this area. Walkable to Marietta Square and convenient to transportation. This is a GREAT OPPORTUNITY! 495 Birney is leased for $1750 per year and 493 Birney is leased for $1400 with a cap rate of 7.8% this is an opportunity not to be missed! The duplex is next door to the park/playground/pavilion making it easy for playing and entertaining of families. The NOI is calculated on annual income of $37800 with the expenses calculated on taxes/insurance of $5519 and accrual of 10% of income for expenses (which is an estimate of over what is currently being spent). To provide an easy purchasing experience the Seller is installing a new dishwasher and new flooring in 495 Birney and the ROOF IS ONE YEAR OLD! Please do not disturb the tenants and a 24 hour notice is required for showings. This is the perfect opportunity to purchase a Residential Rental Income Investment!
Property Features
Property Type: Multi Unit - Multiple
Basement: Bath Finished, Crawl Space, Exterior Entry, Finished, Interior Entry, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Central Air, Dual, Electric
Fireplaces: 2
Garage: 4
Heating: Central, Dual, Forced Air, Natural Gas
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $3,519
Year Built: 1948
Feature Descriptions
Days on Site: 2
Exterior: Wood Siding
Parking Notes: Parking Pad, Kitchen Level
Sewer: Public Sewer
Units: 2
Utilities: Electricity Individual Meters, Gas Individual Meters, Sewer Connected, Water Individual Meters
Water: Public
Local Schools
High School: Marietta
Middle School: Marietta
Elementary School: Burruss
Listed By / Shown By
Listed By
Agency Name: Maximum One Grt. Atl. REALTORS
Agency Phone: 770-919-8825
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 1,212.04 per month $812.33 Principal & Interest $293.25 Property Tax $106.46 Homeowner's InsuranceChange Payment Information
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 3,200+ 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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493 And 495 NE Birney Street Ne | MLS# 10709595
This multi-family property located at 493 And 495 NE Birney Street Ne, Marietta, GA 30060 is currently listed for sale with an asking price of $365,000. Search Marietta real estate on www.clhomes.com today.