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    1627 Ezra Church Drive NW

    Atlanta, GA 30314
    • $350,000
    • STATUS: Active
    • ON SITE: 23 days
    • MLS #: 6822427
    UPDATED: 52 min ago
    $350,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Information

    Elementary School:
    High School:

    Description

    High Performance Turnkey 11% CAP Income Producing Property. This large property is located just northeast of the West Lake MARTA station in the rapidly appreciating West Lake neighborhood less than 1 mile from the Atlanta BeltLine. It was completely renovated in 2019. Sold with a corporate master lease that can include professional management.This property generates more than $56,000/year in gross rents and over $40,000/year in net income after expenses. Expect appreciation in this Westside neighborhood with development on all sides. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. The lease transfers with the sale of the property. An experienced third-party property manager is also available making this property ideal for any investor no matter their capacity.

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    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 2021-01-22T07:06:52.18. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/112898443
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    1627 Ezra Church Drive NW Atlanta, GA 30314

    • Price: $350,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 6822427
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1960
    Built
    Neighborhood:
    West Lake
    County:
    Fulton
    Area:
    22 - Atlanta North
    Elementary School:
    F.L. Stanton
    Middle School:
    John Lewis Invictus Academy/Harper-Archer
    High School:
    Douglass
    Property Description
    High Performance Turnkey 11% CAP Income Producing Property. This large property is located just northeast of the West Lake MARTA station in the rapidly appreciating West Lake neighborhood less than 1 mile from the Atlanta BeltLine. It was completely renovated in 2019. Sold with a corporate master lease that can include professional management.This property generates more than $56,000/year in gross rents and over $40,000/year in net income after expenses. Expect appreciation in this Westside neighborhood with development on all sides. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. The lease transfers with the sale of the property. An experienced third-party property manager is also available making this property ideal for any investor no matter their capacity.
    Exterior Features

    Construction Materials Brick 4 Sides Dock None Fencing None Lot Features Private Number Of Parking Spaces 2 Parking Features Driveway Roof Type CompositionShingle Stories Two View Other Waterfront Features None

    Interior Features

    Cooling Ceiling Fan(S)Central Air Heating CentralElectricForced AirHeat Pump

    Property Features

    Accessibility Features None Community Features Near BeltlineNear Marta Green Energy Efficient None Lake Name None Lot Size Dimensions 0X0x0 Owner Financing No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Public Sewer Special Circumstances Investor Owned Special Listing Conditions None Tax Year 2020 Taxes 3062.00 Type Other Utilities Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available Water Source Public Waterfront Footage 0

    Listing provided courtesy of Keller Williams Realty Metro Atl.


    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 2021-01-22T07:06:52.18. For issues regarding this website, please contact BoomTown.
     
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