1889 Browns Mill Road

    Atlanta, GA 30315
    • $225,000
    • STATUS: Active
    • ON SITE: 61 days
    • MLS #: 6619339
    UPDATED: 73 min ago
    $225,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare Opportunity to purchase this 9 bedroom, 2 bath rooming house that has a 25%+ CAP RATE in Lakewood Heights off of Browns Mill Road. Income from Jan 2018 - August 2019 was $74k. All rooms are occupied, there is month to month tenants and bi-weekly tenants with different rates. Purchase Price is $225,000 and includes the lot of land next to this property which is currently listed for $30,000.

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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. © 2019 First Multiple Listing Service, Inc. Data last updated 2019-11-19T13:04:46.9. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/99085089

    1889 Browns Mill Road Atlanta, GA 30315

    • Price: $225,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 6619339
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1945
    Built
    Neighborhood:
    Lakewood Heights
    County:
    Fulton
    Area:
    32 - Fulton South
    Elementary School:
    Dobbs
    Middle School:
    Long
    High School:
    South Atlanta
    Property Description
    Rare Opportunity to purchase this 9 bedroom, 2 bath rooming house that has a 25%+ CAP RATE in Lakewood Heights off of Browns Mill Road. Income from Jan 2018 - August 2019 was $74k. All rooms are occupied, there is month to month tenants and bi-weekly tenants with different rates. Purchase Price is $225,000 and includes the lot of land next to this property which is currently listed for $30,000.
    Exterior Features

    Construction Materials Vinyl Siding Dock None Fencing Back Yard Lot Features Corner Lot Number Of Parking Spaces 0 Parking Features Varies By Unit Roof Type Composition Stories Two View Other Waterfront Features None

    Interior Features

    Cooling None Heating Other

    Property Features

    Accessibility Features None Community Features None Green Energy Efficient None Hers Index Rating 0 Hers Index Rating Available No Lake Name None Lot Size Dimensions 0 Owner Financing No Property Condition Resale School Bus Route Elementary No School Bus Route High No School Bus Route Middle No Security Features None Sewer Public Sewer Special Circumstances Investor OwnedNo Disclosures From SellerSold As/Is Special Listing Conditions None Tax Year 2018 Taxes 692.00 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public Waterfront Footage 0

    Listing provided courtesy of Keller Williams Rlty, First Atlanta.


    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. © 2019 First Multiple Listing Service, Inc. Data last updated 2019-11-19T13:04:46.9. For issues regarding this website, please contact BoomTown.
     
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    301 North Main Street
    Alpharetta GA, 30009