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  • $290,000

    2520 Rex Rd, Ellenwood, GA 30294

    9beds
    1,201sqft
    Single Family Residence, Residential
    Built in 1974
    0.26 Acres Lot
    $247,700 Zestimate®
    $241/sqft
    $1,813 Estimated rent

    What's special

    Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

    Zillow last checked: 7 hours ago

    Listing updated: August 30, 2024 at 10:52pm

    Listing Provided by:

    Josh Stanton,

    Keller Williams Realty Metro Atlanta 404-564-5560

    Bought with:

    Michael Dumler, 407293

    Cornerstone Real Estate Partners, LLC

    Source: FMLS GA,MLS#: 7412962MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Features: Other
    • Level: Other
    Bedroom
    • Features: Other
    Primary bathroom
    • Features: Other
    Dining room
    • Features: None
    Kitchen
    • Features: Cabinets White, Stone Counters
    Basement
    • Level: Basement
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Electric Range, Microwave, Refrigerator, Washer
    • Laundry: In Basement
    Features
    • Other
    • Flooring: Hardwood, Laminate
    • Windows: None
    • Basement: Finished,Partial
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,201
    • Total interior livable area: 1,201 sqft
    • Finished area above ground: 1,201
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Patio & porch: None
    • Exterior features: Rain Gutters, No Dock
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.26 Acres
    • Dimensions: 83x135x83x135
    • Features: Level
    Details
    • Additional structures: None
    • Parcel number: 12149A D012
    • Special conditions: Standard
    • Other equipment: None
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Foundation: Brick/Mortar
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Electric: 110 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: None
    Location
    • Region: Ellenwood
    • Subdivision: Springfield

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Concrete
    Services availability
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    An equal housing lender. NMLS #10287.

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    Estimated market value

    $247,700