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  • $525,000

    2835 3rd Ave SW, Atlanta, GA 30315

    --beds
    --baths
    --sqft
    Multi Family, Duplex
    Built in 2005
    -- sqft lot
    $448,600 Zestimate®
    $--/sqft
    $2,658 Estimated rent

    Home value

    $448,600

    $381,000 - $529,000

    $2,658/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2024 at 06:47am

    Listed by:

    Aleia Kadar 678-471-7926,

    Massiah Real Estate Group

    Bought with:

    Bridgett D Roberson, 314937

    BHGRE Metro Brokers

    Source: GAMLS,MLS#: 10290141MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Natural Gas
    Cooling
    • Electric
    Features
    • Basement: None
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Over 1 Space per Unit
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 14 009300010339
    • Special conditions: Investor Owned,Rental

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Other, Vinyl Siding
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Atlanta
    • Subdivision: Hammond Park

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    6/7/2024Sold$525,000
    Source: GAMLS #10290141 Report a problem
    5/7/2024Pending sale$525,000
    Source: GAMLS #10290141 Report a problem
    5/1/2024Listed for sale$525,000+2692.6%
    Source: GAMLS #10290141 Report a problem
    8/1/2011Sold$18,800-3.6%
    Source: Public Record Report a problem
    3/19/2011Listed for sale$19,500-31.6%
    Source: Southern REO, LLC #4197669 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,404 +28.3%$132,000
    2023$4,211 -9%$132,000 +15.5%
    2022$4,625 +36.4%$114,280 +36.6%

    Find assessor info on the county website

    Neighborhood: Hammond Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hutchinson
    • Middle: Long
    • High: South Atlanta

    Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $448,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $448,600