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560 Morgan Street NE

Atlanta, GA 30308
  • $1,674,000
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 10214285
UPDATED: 91 min ago
$1,674,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Ponce City Market Beltline Gem: $20k Incentive and Proven Income! Don't miss this exceptional opportunity! The seller is offering a flexible $20,000 incentive for qualified buyers. This can be used to: Buy down your interest rate to as low as 5.75% for conventional loans and as low as 6.75% for jumbo loans, saving you thousands of dollars in the long run. Cover closing costs, taxes, or other expenses associated with your purchase. Savvy investors, take note! This stunning, renovated 3,326 square-foot home, just steps from the vibrant Ponce City Market and Beltline, boasts a proven track record of generating substantial rental income. The entire home, including the spacious 5bd/3.5ba main living area and adjoining 2/1 apartment, has averaged over $125,000 in annual rental income, offering a unique opportunity to own and occupy while generating significant passive income. Flexibility is key. Utilize the 2/1 apartment as a nanny/in-law suite, integrate it into the main home, or keep it as a lucrative income source. Luxury awaits. The oversized master suite includes a sitting room and private deck with breathtaking views facing the buzzing Ponce City Market and the leafy Beltline. The finished terrace level basement boasts a wet bar, dual wine chillers, a full bedroom and bathroom, and a bonus room, perfect for entertaining. Invest in your future and contact us today to schedule a showing!

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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: 2024-02-24T00:08:09.807.
www.jarrettmartingroup.com/homes/144825864
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560 Morgan Street NE Atlanta, GA 30308

  • Price: $1,674,000
  • Status: Active
  • On Site: 116 Days
  • Updated: 91 min ago
  • MLS #: 10214285
0
Beds
0
Baths
0
½ Baths
0.22
Acres
2003
Built
Neighborhood:
Old Fourth Ward
County:
Fulton
Area:
ATLANTA
Elementary School:
Hope Hill
Middle School:
David T Howard
High School:
Grady
Property Description
Ponce City Market Beltline Gem: $20k Incentive and Proven Income! Don't miss this exceptional opportunity! The seller is offering a flexible $20,000 incentive for qualified buyers. This can be used to: Buy down your interest rate to as low as 5.75% for conventional loans and as low as 6.75% for jumbo loans, saving you thousands of dollars in the long run. Cover closing costs, taxes, or other expenses associated with your purchase. Savvy investors, take note! This stunning, renovated 3,326 square-foot home, just steps from the vibrant Ponce City Market and Beltline, boasts a proven track record of generating substantial rental income. The entire home, including the spacious 5bd/3.5ba main living area and adjoining 2/1 apartment, has averaged over $125,000 in annual rental income, offering a unique opportunity to own and occupy while generating significant passive income. Flexibility is key. Utilize the 2/1 apartment as a nanny/in-law suite, integrate it into the main home, or keep it as a lucrative income source. Luxury awaits. The oversized master suite includes a sitting room and private deck with breathtaking views facing the buzzing Ponce City Market and the leafy Beltline. The finished terrace level basement boasts a wet bar, dual wine chillers, a full bedroom and bathroom, and a bonus room, perfect for entertaining. Invest in your future and contact us today to schedule a showing!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Foundation Details BlockPillar/Post/Pier Garage YN Yes Levels Three Or More Lot Size Area 9365.4 Lot Size Source Public Records Lot Size Units Square Feet Parking Features GarageSide/Rear Entrance Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement Interior EntryFinishedFull Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Total 2 Heating Central Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None Gross Income 125000 Listing Terms CashConventionalVA Loan New Construction YN No Property Condition Updated/Remodeled Property Sub Type Multi FamilyDuplex Sewer Public Sewer Structure Type Duplex Tax Annual Amount 11893 Tax Year 2022 Utilities Sewer Connected Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Rlty Atl. Part: 678-775-2600. © 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: 2024-02-24T00:08:09.807.
 
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The Jarrett Martin Group | Corcoran Classic Living
940 Prince Ave STE C
Athens GA, 30606