Calling all investors!! Rear opportunity, 8 bedroom, 2.5 bath fully furnished rooming house. Excellent income opportunity. Currently generates $4000 per month in rent. Adjacent to the Morehouse and Clark Atlanta campuses, makes for great student housing. 8 working class tenants currently occupy the home on a month-to-month basis, leaving flexibility for any buyer. 20% Cap rate!!
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General Features
- Area 22 - Atlanta North
- Assumable 0
- Community Features None
- District 05
- Number Of Units Total 8
- Property Condition Resale
- Property Type Residential Income
- Special Circumstances Investor Owned, No disclosures from Seller, Sold As/Is
- Special Listing Conditions None
- Subdivision Complex Atlanta University Center
- Year Built 1920
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Building Features
- Accessibility Features None
- Construction Materials Vinyl Siding
- Cooling None
- Green Energy Efficient None
- Heating None
- Roof Type Shingle
- Security Features None
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Property Features
- Dock None
- Fencing None
- Lake Name None
- Lot Features Level
- Parking Features None
- Sewer Public Sewer
- Utilities None
- Waterfront Features None
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Schools
- Elementary School M. A. Jones
- High School Booker T. Washington
- Middle School Brown