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404 Dixie Hills Circle NW

Atlanta, GA 30314
  • $395,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 7118757
UPDATED: 64 min ago
$395,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1966
County:
Area:

School Information

Description

A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 8% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft's planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home 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.

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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 2022-10-05T00:05:09.207. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/133352062
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404 Dixie Hills Circle NW Atlanta, GA 30314

  • Price: $395,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 64 min ago
  • MLS #: 7118757
8
Beds
2
Baths
0
½ Baths
0.16
Acres
1966
Built
Neighborhood:
Grove Park
County:
Fulton
Area:
Fulton
Elementary School:
Woodson Park Academy
Middle School:
John Lewis Invictus Academy/Harper-Archer
High School:
Frederick Douglass
Property Description
A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 8% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft's planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home 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.
Exterior Features

Architectural Style Traditional Construction Materials Brick 4 Sides Covered Spaces 0 Exterior Features Private Front EntryPrivate Rear EntryRain Gutters Fencing None Foundation Slab Horse Amenities None Land Lot 175 Lot Features Back Yard Other Structures None Parking Features None Patio And Porch Features DeckFront Porch Pool Features None Road Surface Asphalt Road Type City Street Roof Type CompositionShingle Stories Two View City Waterfront Features None Window Features None

Interior Features

Additional Rooms Other Appliances Gas OvenGas RangeMicrowaveRefrigerator Basement None Bedroom Features Roommate Floor Plan Cooling Central Air Dining Room Features Separate Dining Room Fireplace Features None Flooring HardwoodVinyl Heating Forced AirNatural Gas Interior Features Entrance FoyerLow Flow Plumbing Fixtures Kitchen Features Cabinets Stain Laundry Features None Main Bedrooms 4 Main Full Baths 1 Master Bathroom Features None Number Of Fireplaces 0

Property Features

Accessibility Features None Association YN No Common Walls No Common Walls Community Features Near MartaNear SchoolsPublic TransportationSidewalksStreet 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 X Master Association Fee 0 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 OwnedNo Disclosures From SellerSold As/Is Special Listing Conditions None Tax Year 2021 Taxes 1165 Type Single Family Residence Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Keller Williams Realty Metro Atlanta: [IDXCONTACTINFORMATION].


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 2022-10-05T00:05:09.207. For issues regarding this website, please contact BoomTown.
 
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