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404 Dixie Hills Circle NW

Atlanta, GA 30314
  • $335,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 7158986
$335,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
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 9.1% 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. Seller willing to hold a second mortgage. Contact for details.

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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. © 2023 First Multiple Listing Service, Inc. Data last updated 2023-02-07T00:03:42.637. For issues regarding this website, please contact BoomTown.
www.northatlantahometeam.com/homes/135751967
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404 Dixie Hills Circle NW Atlanta, GA 30314

  • Price: $335,000
  • Status: Active
  • On Site: 33 Days
  • MLS #: 7158986
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1966
Built
Neighborhood:
Grove Park
County:
Fulton - Ga
Area:
Fulton - Ga
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 9.1% 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. Seller willing to hold a second mortgage. Contact for details.
Exterior Features

Construction Materials Brick 4 Sides Fencing None Land Lot 175 Lot Features Other Parking Features None Roof Type CompositionShingle Stories Two View City Waterfront Features None Window Features None

Interior Features

Cooling Central Air Flooring HardwoodVinyl Heating Forced AirNatural Gas

Property Features

Accessibility Features None Community Features Near MartaNear SchoolsPublic TransportationSidewalksStreet Lights Green Energy Efficient None Green Energy Generation None Lot Size Dimensions X Number Of Units Total 1 Occupant Type Tenant Owner Financing No Property Attached YN No Property Condition Resale Proposed Financing CashConventionalOwner SecondOther Security Features None Sewer Public Sewer Special Circumstances Corporate OwnerInvestor OwnedNo Disclosures From SellerSold As/Is Special Listing Conditions None Tax Year 2021 Taxes 1165 Type Other 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. © 2023 First Multiple Listing Service, Inc. Data last updated 2023-02-07T00:03:42.637. For issues regarding this website, please contact BoomTown.
 
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