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1040 Hemphill Avenue NW

Atlanta, GA 30318
  • $740,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 6965372
UPDATED: 116 min ago
$740,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic investment opportunity in Home Park--the heart of W. Midtown, situated between Atlantic Station, Westside Provisions district, and steps from Georgia Tech campus. Located less than 3 miles from Westside Park/Bellwood Quarry and the future 90 acre Microsoft campus. Brand new paint throughout entire home. Current furnishings negotiable. Est. actual cap rate 7.78% for unfurnished units, up to 8.3% w/ furnished units. NOI approx. $57,600 for unfurnished units.Current owners were previously receiving $6200 in rent. See further rental analysis in docs or available upon request.

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www.northatlantahometeam.com/homes/123022352
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1040 Hemphill Avenue NW Atlanta, GA 30318

  • Price: $740,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 116 min ago
  • MLS #: 6965372
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1925
Built
Neighborhood:
Home Park
County:
Fulton
Area:
22 - Atlanta North
Elementary School:
Centennial Place
Middle School:
Centennial Place
High School:
Midtown
Property Description
Fantastic investment opportunity in Home Park--the heart of W. Midtown, situated between Atlantic Station, Westside Provisions district, and steps from Georgia Tech campus. Located less than 3 miles from Westside Park/Bellwood Quarry and the future 90 acre Microsoft campus. Brand new paint throughout entire home. Current furnishings negotiable. Est. actual cap rate 7.78% for unfurnished units, up to 8.3% w/ furnished units. NOI approx. $57,600 for unfurnished units.Current owners were previously receiving $6200 in rent. See further rental analysis in docs or available upon request.
Exterior Features

Construction Materials Wood Siding Fencing Front YardWood Lot Features Level Parking Features Level Driveway Roof Type Composition Stories Two View Other

Interior Features

Cooling Ceiling Fan(S)Central Air Heating Forced Air

Property Features

Accessibility Features None Community Features Public TransportationOther Green Energy Efficient None Lake Name None Lot Size Dimensions 54X107x48x130 Owner Financing No Property Condition Resale Security Features None Sewer Public Sewer Special Circumstances Estate Owned Special Listing Conditions None Tax Year 2020 Taxes 5311.00 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available Water Source Public

Listing provided courtesy of Presley Roth Real Estate.


Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2021 First Multiple Listing Service, Inc. Data last updated 2021-12-03T00:03:10.673. For issues regarding this website, please contact BoomTown.
 
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