2835 3rd Avenue SW Atlanta, GA $ 525,000
2835 3rd Avenue SW
$ 525,000
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2835 3rd Avenue SW

Atlanta, GA, 30315
$ 525,000
Baths0.0

Monthly Estimate*

$ 3,489

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Studio

Multi-Family Home for sale in Atlanta, GA

for $525,000. This home was built in 2005 on a lot size of 0.33.

New hot investment listing in Atlanta!!! I have an exceptional opportunity for investors looking to enhance their portfolios with a high-yield property. This property is strategically located only 8 minutes from Atlanta Airport and close to the Porsche Experience Center, Lakewood Amphitheatre, and Downtown Atlanta, making it a highly desirable area for renters or short-term guests. This renovated duplex includes two units, each with 3 bedrooms and 2 bathrooms. The proximity to major attractions and essentials contributes to its appeal. Both units are currently occupied by tenants who each pay $2,600, offering a steady cash flow. The duplex was initially utilized as an Airbnb, indicating its versatility for either long-term leasing or short-term hosting. **Investment Highlights**: Sold Partially furnished, allowing for immediate rental upon purchase, with the flexibility of continuing with the existing tenants or transitioning to new ones. The fact that it's being marketed as the "best income producing listing in Atlanta" suggests strong rental demand and profitability. Interested parties must contact the agent to arrange a showing, providing at least a two-hour notice. Initial viewings are restricted to the common areas until a contract is accepted, after which more thorough inspections of the living spaces can be conducted. Potential buyers are advised not to disturb the current tenants, respecting their privacy and comfort. Overall, this property seems ideally suited for investors focused on immediate cash flow and long-term value in a vibrant and growing part of Atlanta.

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Multi-Family Pending

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,405

Style

Multi Family,Duplex

Lot Size

0.33

Year Built

2005

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10290141

Features
General
Sewer Public Sewer
Heating Central Natural Gas
Cooling Electric
Utilities Other
Association Fee Includes None
Construction Materials Other Vinyl Siding
Year Built 2005
Levels Two
Property SubType Multi Family Duplex
Tax Year 2023
Community Features None
County Fulton
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name Hammond Park
Garage Y/N N
Status Under Contract
Directions Take I-75 SOUTH TO CLEVELAND AVE TURN RIGHT ONTO CLEVELAND AVE. TURN LEFT ONTO THIRD AVENUE
High School South Atlanta
City Atlanta
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 2
Lot Size Units Square Feet
Lot Size Square Feet 14374.8
Waterfront Y/N N
Carport Y/N N
Street Name 3rd
Elementary School Hutchinson
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5405.4
Home Warranty Y/N N
Middle/Junior High School Long
Property Condition Updated/Remodeled
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Electric On Property Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Over 1 Space per Unit
Water Source Public
Total Parking 2
Lot Size Area 14374.8
Spa N
Lot Size Acres 0.33
Lot Size Source Owner
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Massiah Real Estate Group

Broker

akadar@massiahrealestate.com

Email

Affordability Calculator

$3,940
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,489
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4135463 Elementary School
4133134 Middle School
South Atlanta High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$525,000 Listed Price

Map


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2835 3rd Avenue SW, Atlanta, GA, 30315 is a Multi-Family Home for sale at $525,000 with a lot size of 0.33. 2835 3rd Avenue SW is a studio with 0.0 baths and was built in 2005. The property's zip code is 30315 which is in Atlanta, GA