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Property Description

Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with new driveways completed in 2023(a $6K improvement) and has a family room and kitchen. Recent improvements include painting. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Long term Tenants in unit 2881 are on month-to-month lease and unit 2879 has long term tenants of 10 years and are on a month-to-month lease. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2853 Shallowford Rd, which just recently appraised for $520K (appraisal available upon request), and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.

Features
: Natural Gas, Forced Air
: Window Unit(s)
: 3
Parking Pad
Address Map
US
GA
DeKalb
Atlanta
Whispering Hills
30341
Shallowford
2881
Road
0
W85° 42' 35.7''
N33° 52' 19.1''
North on 85 to left on Shallowford, home is on the right.
NE
Additional Information
NOVAYJOHN
Dresden
Cross Keys
Sequoyah
0 Sqft
Other
ANSA01
Active
18 268 10 041
Public Sewer
$4,597
2022
$0
Sidewalks,Walk To Schools
18
14
Other
0
Duplex
Other
Public

Residential Income For Sale

2881 Shallowford Road, Atlanta, Georgia 30341

0 Bedrooms
0 Bathrooms
0.40 Sqft
$474,900
Listing ID #10196376
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 10196376
Price : $474,900
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Year Built : 1960
Lot Area : 0.40 Sqft
Property Subtype : Single Family Residence
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