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3589 Paddock Drive

Decatur, GA 30034
  • $359,900
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 7123538
UPDATED: 66 min ago
$359,900
  • 6
    BEDS
  • 0.4
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,703
    SQFT
  • $133
    $/SQFT
Neighborhood:
-
Type:
Single-Family Home
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A high-performance, turnkey investment property generating over $51,300 in annual rent! A seasoned PadSplit, this home is in a great location and was completely renovated in 2019. Close to expressways, shopping, and public transportation. This property is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. The net income has been rising monthly since the owners have adopted a new Superhost (management company) in March 2022. Please see attached documents for financials and additional information. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle.

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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. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-11-30T15:06:25.617. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/133649978
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3589 Paddock Drive Decatur, GA 30034

  • Price: $359,900
  • Status: Active
  • On Site: 56 Days
  • Updated: 66 min ago
  • MLS #: 7123538
6
Beds
3
Baths
0
½ Baths
0.4
Acres
2,703
SQFT
$133
$/SQFT
1969
Built
Neighborhood:
-
County:
Dekalb
Area:
Dekalb
Elementary School:
Rainbow
Middle School:
Chapel Hill - Dekalb
High School:
Southwest Dekalb
Property Description
A high-performance, turnkey investment property generating over $51,300 in annual rent! A seasoned PadSplit, this home is in a great location and was completely renovated in 2019. Close to expressways, shopping, and public transportation. This property is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. The net income has been rising monthly since the owners have adopted a new Superhost (management company) in March 2022. Please see attached documents for financials and additional information. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle.
Exterior Features

Architectural Style RanchTraditional Construction Materials Brick 4 Sides Covered Spaces 2 Exterior Features Private Front EntryPrivate Rear EntryPrivate YardRain Gutters Fencing Chain Link Foundation Block Horse Amenities None Land Lot 101 Lot Features Back YardFront Yard Number Of Parking Spaces 2 Open Parking YN Yes Other Structures None Parking Features CarportDriveway Patio And Porch Features None Pool Features None Road Surface Asphalt Road Type City Street Roof Type CompositionShingle Stories One View City Waterfront Features None Window Features None

Interior Features

Additional Rooms Other Appliances DishwasherDryerGas OvenGas RangeMicrowaveRefrigeratorWasher Basement DaylightExterior EntryFinishedFinished BathFullInterior Entry Bedroom Features Roommate Floor Plan Cooling Central Air Dining Room Features Separate Dining Room Fireplace Features Basement Flooring CarpetHardwood Heating Forced AirNatural Gas Interior Features Double Vanity Kitchen Features Cabinets WhiteSolid Surface CountersStone Counters Laundry Features Lower Level Main Bedrooms 4 Main Full Baths 2 Master Bathroom Features Double Vanity Number Of Fireplaces 1

Property Features

Accessibility Features None Association YN No Common Walls No Common Walls Community Features Near MartaNear SchoolsNear ShoppingPublic TransportationRestaurantStreet Lights Electric Other Green Energy Efficient None Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Lake Name None Land Lease YN No Lot Size Dimensions 203 X 112 Master Association Fee 0 Number Of Carport Spaces 2 Occupant Type Tenant Other Equipment None Owner Financing No Property Attached YN No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features Smoke Detector(S) Sewer Public Sewer Spa Features None Special Circumstances Corporate OwnerInvestor OwnedSold As/Is Special Listing Conditions None Tax Year 2022 Taxes 4900 Type Single Family Residence Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Keller Williams Realty Metro Atlanta: 404-564-5560.


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. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-11-30T15:06:25.617. For issues regarding this website, please contact BoomTown.
 
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