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  • $449,900

    2881 Shallowford Rd NE, Atlanta, GA 30341

    4beds
    2baths
    --sqft
    Duplex, Residential Income
    Built in 1960
    -- sqft lot
    $462,500 Zestimate®
    $--/sqft
    $2,134 Estimated rent

    Owner options

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    $2,134/mo

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    $2,134/mo

    Rent Zestimate®

    Refinance and save

    $2,699/mo

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    $2,699/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: November 16, 2023 at 08:38am

    Listing Provided by:

    JOHN NOVAY,

    Ansley Real Estate | Christie's International Real Estate 770-310-9697

    Bought with:

    Kiara Velasco, 403075

    Rudhil Companies, LLC

    Source: FMLS GA,MLS#: 7266310MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Features
    • Flooring: Hardwood, Vinyl
    • Windows: None

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, Paved
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 0.40 Acres
    • Dimensions: 191 x 85
    • Features: Other
    Details
    • Parcel number: 18 268 10 041

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential Income
    Materials
    • Brick 4 Sides
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
    Green energy
    • Energy efficient items: None
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: Near Schools, Public Transportation, Sidewalks
    Location
    • Region: Atlanta
    • Subdivision: Whispering Hills

    Other

    Other facts
    • Listing terms: Cash,Conventional
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    Estimated market value
    $462,500