A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 9.1% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft's planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. Seller willing to hold a second mortgage. Contact for details.
Closed
$335,000
404 Dixie Hills Cir NW, Atlanta, GA 30314
8beds
--sqft
Single Family Residence, Residential
Built in 1966
7,000.09 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,012 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: May 17, 2023 at 11:00pm
Listing Provided by:
Josh Stanton,
Keller Williams Realty Metro Atlanta 404-564-5560
Bought with:
Angela Mezza Smith
HomeSmart
Source: FMLS GA,MLS#: 7118757
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 4
Primary bedroom
- Features: Roommate Floor Plan
- Level: Roommate Floor Plan
Bedroom
- Features: Roommate Floor Plan
Primary bathroom
- Features: None
Dining room
- Features: Separate Dining Room
Kitchen
- Features: Cabinets Stain
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Oven, Gas Range, Microwave, Refrigerator
- Laundry: None
Features
- Entrance Foyer
- Flooring: Hardwood, Vinyl
- Windows: None
- Basement: None
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City
- Waterfront features: None
- Body of water: None
Lot
- Size: 7,000 sqft
- Features: Back Yard
Details
- Additional structures: None
- Parcel number: 14 017500100354
- Other equipment: None
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Brick 4 Sides
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- Resale
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Other
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Green energy
- Energy efficient items: None
- Energy generation: None
- Water conservation: Low-Flow Fixtures
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Near Public Transport, Near Schools, Public Transportation, Sidewalks, Street Lights
Location
- Region: Atlanta
- Subdivision: Grove Park
Other
Other facts
- Road surface type: Asphalt