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2071 Defoors Ferry Road NW

Atlanta, GA 30318
  • $1,400,000
  • STATUS: Active
  • ON SITE: 80 Days
  • MLS #: 10261954
UPDATED: 84 min ago
$1,400,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime investment opportunity in Buckhead! What an incredible opportunity to own multi-family housing in the Buckhead market! Already bringing in over $80,000 per year. Each unit is 1100 square feet with an additional storage room in the basement/carport area. The storage area is massive! Could easily convert to an office space if needed, but its currently excellent for storage which is impossible to find with the larger apartment complexes nearby. Out of the 4 units, one tenant has been in the property for 4 years and another is coming up on their 4th year. Although the property brings in over $80,000/year, if all 4 of the units were collecting "market rate", there is strong belief that the yearly income can get above $100,000 in the next 2-3 years. Please call anytime, and feel free to drive by, but do not disturb the tenants! Fully occupied.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-05-25T22:20:32.92.
www.jarrettmartingroup.com/homes/148282050
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2071 Defoors Ferry Road NW Atlanta, GA 30318

  • Price: $1,400,000
  • Status: Active
  • On Site: 80 Days
  • Updated: 84 min ago
  • MLS #: 10261954
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1992
Built
Neighborhood:
Upper Westside
County:
Fulton
Area:
ATLANTA
Elementary School:
Brandon Primary/Elementary
Middle School:
Sutton
High School:
North Atlanta
Property Description
Prime investment opportunity in Buckhead! What an incredible opportunity to own multi-family housing in the Buckhead market! Already bringing in over $80,000 per year. Each unit is 1100 square feet with an additional storage room in the basement/carport area. The storage area is massive! Could easily convert to an office space if needed, but its currently excellent for storage which is impossible to find with the larger apartment complexes nearby. Out of the 4 units, one tenant has been in the property for 4 years and another is coming up on their 4th year. Although the property brings in over $80,000/year, if all 4 of the units were collecting "market rate", there is strong belief that the yearly income can get above $100,000 in the next 2-3 years. Please call anytime, and feel free to drive by, but do not disturb the tenants! Fully occupied.
Exterior Features

Carport YN Yes Construction Materials Concrete Levels Three Or More Lot Size Area 9583.2 Lot Size Source Owner Lot Size Units Square Feet Parking Features AttachedCarportOff Street Parking Total 9

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Ceiling Fan(s)Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 4 Heating BaseboardCentralElectric Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features ParkNear Public TransportWalk To SchoolsNear Shopping District 1 Gross Income 83796 New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi FamilyQuadruplex Sewer Public Sewer Structure Type Quadruplex Tax Annual Amount 6808 Tax Year 2023 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of eXp Realty: 888-959-9461. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Jarrett Martin Group | Corcoran Classic Living are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Jarrett Martin Group | Corcoran Classic Living. Data last updated: 2024-05-25T22:20:32.92.
 
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The Jarrett Martin Group | Corcoran Classic Living
940 Prince Ave STE C
Athens GA, 30606