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2279 Columbia Drive

Decatur, GA 30032
  • $320,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 7479326
UPDATED: 30 min ago
$320,000
  • 4
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,946
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1959
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.

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www.northatlantahometeam.com/homes/157412693
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2279 Columbia Drive Decatur, GA 30032

  • Price: $320,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 30 min ago
  • MLS #: 7479326
4
Beds
2
Baths
0
½ Baths
0.35
Acres
1,946
SQFT
$164
$/SQFT
1959
Built
Neighborhood:
Candler-Mcafee
County:
Dekalb
Area:
Dekalb
Elementary School:
Columbia
Middle School:
Columbia - Dekalb
High School:
Columbia
Property Description
2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.
Exterior Features

Architectural Style Other Construction Materials Brick 4 Sides Dock None Exterior Features Private Yard Fencing Back Yard Foundation Slab Horse Amenities None Lot Features Back YardCorner Lot Other Structures None Parking Features Carport Patio And Porch Features Patio Pool Features None Pool Private YN No Road Surface Asphalt Road Type City Street Roof Type Shingle Stories Multi/Split View City Waterfront Features None Window Features None

Interior Features

Additional Rooms Other Appliances DishwasherElectric Oven Basement DaylightExterior EntryFinishedFinished Bath Bedroom Features None Cooling Ceiling Fan(s)Central Air Dining Room Features None Fireplace Features None Flooring TileVinylWood Heating Central Interior Features Other Kitchen Features None Laundry Features Laundry Room Main Bedrooms 0 Main Full Baths 0 Master Bathroom Features None Number Of Fireplaces 0

Property Features

Accessibility Features None Association YN No Common Walls No Common Walls Community Features None Electric 110 Volts Green Energy Efficient AppliancesHVAC Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Land Lease YN No Lot Size Dimensions 123 x 111 Master Association Fee 0 Number Of Carport Spaces 2 Other Equipment None Property Attached YN No Property Condition Updated/Remodeled Security Features None Sewer Public Sewer Spa Features None Special Circumstances Investor Owned Special Listing Conditions None Swim Tennis Fee Due None Tax Year 2023 Taxes 5430 Type Single Family Residence Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of CPM Partners, LLC: .


First MLS logo 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. © 2024 First Multiple Listing Service, Inc. Data last updated 2024-12-05T21:04:17.223. For issues regarding this website, please contact BoomTown.
 
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