554 Evergreen Terrace

    Forest Park, GA 30297
    • $1,092,500
    • STATUS: Active Under Contract
    • ON SITE: 39 days
    • MLS #: 6041112
    Under Contract
    UPDATED: 61 min ago
    $1,092,500
    • 0
      BEDS
    • 1/3 to 1/2 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Buy the block! This is a 20 unit pacakage deal --5 Quads. Properties are professional managed and landscaped. All of the 4-plexes are located on the same street. Rents are currently below market rate. Properties are low maintenance brick, all electric (tenants pays for power), and owner pays water. Properties can be easily submetered. Very close to airport. Also the airport is planning to install new windows, doors and exhaust fans in each unit by the end of the year as a part of their noise abatement program. Priced at ~9% Cap Rate. Gross Income ~ $ 140,000

    Monthly Payment Calculator



    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. © 2018 First Multiple Listing Service, Inc. Data last updated 2018-08-20T22:04:20.763. For issues regarding this website, please contact BoomTown.
    www.northatlantahometeam.com/homes/85509603

    554 Evergreen Terrace Forest Park, GA 30297

    • Price: $1,092,500
    • Status: Active Under Contract
    • Updated: 61 min ago
    • MLS #: 6041112
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1/3 to 1/2 Acre
    Acres
    1969
    Built
    Neighborhood:
    Springwoods
    County:
    Clayton
    Area:
    161 - Clayton County
    Elementary School:
    Brown - Clayton
    Middle School:
    Forest Park
    High School:
    Forest Park
    Property Description
    Buy the block! This is a 20 unit pacakage deal --5 Quads. Properties are professional managed and landscaped. All of the 4-plexes are located on the same street. Rents are currently below market rate. Properties are low maintenance brick, all electric (tenants pays for power), and owner pays water. Properties can be easily submetered. Very close to airport. Also the airport is planning to install new windows, doors and exhaust fans in each unit by the end of the year as a part of their noise abatement program. Priced at ~9% Cap Rate. Gross Income ~ $ 140,000
    Exterior Features

    Boathouse None Construction Brick 4 Sides Dock None Fencing None Lot Description LevelLevel Driveway Lot Dimensions 96X205x96x204 Parking Driveway Patio And Porch Features None Property Sub Type Other Roof Type Composition Setting Other Waterfront Features None

    Interior Features

    Cooling None Heat Type None

    Property Features

    Annual Expenses 0 Assumable No Disability Access None Energy Features None Gross Income 1905 Hers Index Rating Available No Lake Name None Lot 7 Neighborhood Amenities None Owner Financing No Owner Second Yes Security Features None Sewer Public Sewer Special Circumstances None Special Listing Conditions None Tax Year 2017 Taxes 6896 Utilities Available Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available Water Public Water Year Built Description Resale

    Listing provided courtesy of Your Home Sold Guaranteed Realty, Llc.


    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. © 2018 First Multiple Listing Service, Inc. Data last updated 2018-08-20T22:04:20.763. For issues regarding this website, please contact BoomTown.
     
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