2071 Defoors Ferry Road NW Atlanta, GA ^$ 1,400,000

2071 Defoors Ferry Road NW

^$ 1,400,000

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2071 Defoors Ferry Road NW

Atlanta, GA, 30318

^$ 1,400,000

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 9,779

2071 Defoors Ferry Road NW, Atlanta, GA 30318 - Image 1

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Multi-Family Home for sale in Atlanta, GA

for $1,400,000 with 4 bedrooms and 4 full baths. This home was built in 1992 on a lot size of 0.22.

Prime investment opportunity in Buckhead! What an incredible opportunity to own multi-family housing in the Buckhead market! Already bringing in over $80,000 per year. Each unit is 1100 square feet with an additional storage room in the basement/carport area. The storage area is massive! Could easily convert to an office space if needed, but its currently excellent for storage which is impossible to find with the larger apartment complexes nearby. Out of the 4 units, one tenant has been in the property for 4 years and another is coming up on their 4th year. Although the property brings in over $80,000/year, if all 4 of the units were collecting "market rate", there is strong belief that the yearly income can get above $100,000 in the next 2-3 years. Please call anytime, and feel free to drive by, but do not disturb the tenants! Fully occupied.

Multi-Family Active

Price

^$ 1,400,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,808

Style

Quadruplex

Lot Size

0.22

Year Built

1992

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7344909

Features

General

Sewer Public Sewer

Heating Baseboard Central Electric

Cooling Ceiling Fan(s) Central Air

Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available

Possession Negotiable

Roof Composition Shingle

Security Features None

Construction Materials Brick Front Cement Siding

Year Built 1992

View City

Levels Three Or More

Property SubType Quadruplex

Tax Year 2023

Gross Income 83796

Waterfront Features N

Community Features Near Beltline Near Public Transport Near Schools Near Shopping

Accessibility None

County Fulton - GA

Operating Expense 5194

Property Type Residential Income

HOA / Comm Assn No

Energy Efficient None

Subdivision Name Upper Westside

Green Energy Generation None

Status Active

Directions GPS

High School North Atlanta

City Atlanta

Body of Water None

Total Units 4

Street Name Defoors Ferry

Elementary School Morris Brandon

Property Attached Y/N No

Tax Annual Amount 6808

Home Warranty Y/N No

Middle/Junior High School Willis A. Sutton

Property Condition Updated/Remodeled

Days on Market 27

Standard Status Active

Occupancy Description Tenant

Tax Lot 0

Cap Rate 6

Legal Description n/a

Interior

Flooring Carpet Hardwood Vinyl

Furnished Y/N Unfurnished

Window Features Insulated Windows

Street Suffix Road

Total Baths 0

Exterior

Fencing None

Parking Features Attached Carport Parking Lot Paved

Lot Features Corner Lot Level

Water Source Public

Total Parking 9

Lot Dimensions 88x130x56x191

Lot Size Acres 0.22

Lot Size Source Owner

Internal Only

Street Number 1 2071

* Excluded Features

List By

Ryan Hagan

Listing Agent

Exp Realty, Llc.

Broker

ryan@jackryangroup.com

Affordability Calculator

$10,347

Per Month

Monthly Principal & Interest: $9,779
Monthly Property Taxes: $567
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Atlanta, GA

Average List Price ^$698,033

Percent of Sale Price 50%

About Atlanta, GA

478,204 Population

15% Since 2002

^$55,840 Median Income

35.72 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3461625 Elementary School

3420528 Middle School

North Atlanta High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$1,400,000	-3.45%	Price Down
3/5/2024	$1,450,000		Listed Price

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2071 Defoors Ferry Road NW, Atlanta, GA, 30318 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.22. 2071 Defoors Ferry Road NW has 4 bedrooms, 4.0 baths, and was built in 1992. The property's zip code is 30318 which is in Atlanta, GA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 First Multiple Listing Service, Inc.

Information is deemed reliable but is not guaranteed accurate by the MLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Market Pricing and get the Facts about - are provided by On-Board Data Systems

Techinical Entity for providing IDX functionality is Weichert Lead Network - wlnhelp@wlninc.com

Data is updated as of 4/28/2024.

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2071 Defoors Ferry Road NW

Multi-Family Home for sale in Atlanta, GA

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