GREAT INVESTMENT OPPORTUNITY W/ TENANTS IN PLACE PAYING $1,150. THIS PROPERTY WILL NOT LAST! THE CAP RATE IS 7.6%. EXCELLENT TENANTS THAT PAY ON TIME AND HAVE LIVED THERE FOR 4 YEARS. THEIR LEASE ENDS 02/28/2021. THE MARKET RENT IS $1,300-$1,400. COMPLETELY RENOVATED TOWNHOME IN THE HEART OF SANDY SPRINGS! GORGEOUS KITCHEN WITH SS APPLS, BEAUTIFUL CABINETRY, TILED BACKSPLASH & GRANITE C'TOPS, GREAT ROOM W/FP, FENCED BACKYARD, TONS OF STORAGE SPACE! MASTER STE W/UPGRADED PRIV BATH. SPACIOUS SECONDARY BR. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE DURING DUE DILIGENCE. SELLER ALSO IS SELLING 487 GRANITE RIDGE PLACE (THE TOWNHOME NEXT DOOR TO 485), SO THIS CAN BE SOLD AS A PACKAGE DEAL. 487 GRANITE RIDGE HAS JUST BEEN COMPLETELY RENOVATED AND THE MARKET RENT IS $1,400, AND IS AVAILABLE FOR IMMEDIATE OCCUPANCY. THIS UNIT WAS BUILT FROM THE GROUND UP DUE TO FIRE IN 2013 SO UNIT IS ONLY 7 YEARS OLD. 487 GRANITE IS ON LOCKBOX AND CAN BE SHOWN ANYTIME. USE SHOWING TIME. 2020-04-09
Off market
$229,600
485 Granite Ridge Pl, Sandy Springs, GA 30350
--beds
0baths
1,200sqft
Other
Built in 1986
-- sqft lot
$229,600 Zestimate®
$191/sqft
$1,849 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood
- Windows: Insulated Windows,Storm Window(s)
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Accessibility
- Accessibility features: Accessible Bedroom,Accessible Entrance,Accessible
Features
- Exterior features: Wood
- Fencing: Wood
Lot
- Size: 3,375 sqft
- Features: Other
Details
- Parcel number: 17002500040217
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Materials
- Frame
- Roof: Other
Condition
- Resale
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available,Electricity Available,Natural Gas
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Sandy Springs
Other
Other facts
- Construction Materials: Frame
- Property Condition: Resale
- Property Subtype: Other
- Property Type: Residential Income
- Sewer: Public Sewer
- Tax Year: 2018
- View: Other
- Water Source: Public
- Utilities: Cable Available,Electricity Available,Natural Gas
- Waterfront Footage: 0
- Special Circumstances: Investor Owned
- Standard Status: Pending
- Roof Type: Other
- Heating: Central,Electric
- Security Features: Carbon Monoxide Detector(s)
- Cooling: Attic Fan,Ceiling Fan(s),Central Air
- High School: North Springs
- Middle School: Sandy Springs
- Parking Features: Detached
- Fencing: Wood
- Owner Financing Y/N: 0
- Community Features: Sidewalks
- Lot Features: Other
- Elementary School: Woodland - Fulton
- Acreage Source: Public Records
- Accessibility Features: Accessible Bedroom,Accessible Entrance,Accessible
- Window Features: Insulated Windows,Storm Window(s)
- Parcel Number: 17 002500040217
- Taxes: 1407.00
- Tax ID: 17-0025-0004-021-7
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Estimated market value
$229,600