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  • $492,000

    616 Moreland Ave SE, Atlanta, GA 30316

    5beds
    3baths
    --sqft
    Duplex, Residential Income
    Built in 1948
    -- sqft lot
    $479,500 Zestimate®
    $--/sqft
    $3,050 Estimated rent

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    $3,050/mo

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    $3,050/mo

    Rent Zestimate®

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    $2,952/mo

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    $2,952/mo

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    What's special

    Charming Turn-Key Duplex in East Atlanta Village. Seize the chance to own this income-producing duplex located in the highly sought-after East Atlanta Village. This traditional brick bungalow is a true gem, offering a prime investment opportunity in one of Atlanta's hottest in-town neighborhoods. Nestled within walking distance to Brownwood Park, a variety of restaurants including Banshee, a vibrant food hall, and shops, this is an unbeatable location. It's perfect for investors looking for a seamless, turn-key rental property or a savvy homeowner wanting to live in one unit and rent the other. This duplex includes Unit A, which features a spacious layout with 3 bedrooms and 2 full baths, complete with separate front and side entrances. Unit B offers a cozy setup with 2 bedrooms and 1 bath, along with a separate living room. The interior of the property showcases beautiful hardwood floors, modern kitchens with updated cabinets and slate tile, newer appliances, and bathrooms enhanced with slate and subway tiles. The property also offers an inviting front porch, perfect for relaxation, with easy access to all the amenities and entertainment that East Atlanta Village has to offer. Parking is ample, with plenty of space and accessible through a back alley or the driveway on Moreland Ave. Units are side by side, and both units have private entrances and porch access, along with their own washer and dryer hookups, separate meters, and water paid by the landlord. Systems of the house are well maintained and with updated plumbing and sewer line in 2022, and a new vapor barrier in the crawlspace. Both units are currently rented with long term tenants, and the lease agreements will be transferred to the buyer at closing. Please be aware that all units are tenant-occupied; respect their privacy by not walking through the property. This duplex offers everything an investor or homeowner could desire: a prime location, a well-maintained property, great tenants, and a strong rental history. Don’t miss out on this exceptional opportunity in East Atlanta Village!

    Zillow last checked: 8 hours ago

    Listing updated: December 26, 2024 at 08:15am

    Listing Provided by:

    Naruna Rangel,

    Keller Williams Realty Metro Atlanta 404-564-5560

    Bought with:

    ANDRENE ESCOFFERY, 201505

    Harry Norman REALTORS

    Source: FMLS GA,MLS#: 7454321MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Windows: None

    Property

    Parking
    • Total spaces: 5
    • Parking features: Level Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: No Dock
    • Fencing: Wood
    • Has view: Yes
    • View description: City
    • Waterfront features: None
    • Body of water: None
    Lot
    • Size: 8,712 sqft
    • Dimensions: 161 x 60
    • Features: Private
    Details
    • Parcel number: 15 176 04 051

    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: 1948

    Utilities & green energy

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

    Community & neighborhood

    Security
    • Security features: None
    Community
    • Community features: None
    Location
    • Region: Atlanta
    • Subdivision: East Atlanta Village
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    Estimated market value
    $479,500