3 BUILDING OPPORTUNITY (1 OWNER)- 550 GRESHAM PARK DR, 551 GRESHAM PARK DR, AND 531 GRESHAM PARK DR. 14 TOTAL UNITS-TOTAL GROSS INCOME = $97,500/YR. 10% CAP. BRING YOUR 1031, INVESTORS, OR HEDGE FUND MANAGERS TO TAKE ADVANTAGE OF THIS INVESTMENT OPPORTUNITY. LOW EXPENSES & STABLE INCOME. GREAT RENTAL LOCATION! VALUES EXPECTED TO SOAR DUE TO PROXIMITY TO NEW FALCONS AND BRAVES STADIUMS.
Features
Property Type: Multi Family Home
Sub Type: Quadruplex
Listing Status: Active
County/Area: Cobb County
Zip Code: 30062
Year Built: 1984
Sq.Ft.: 0
Units: 4
Bedrooms: 0
Lot Size: 20038 sq ft lot
Unit Equipment3: Dishwasher, Range/Oven, Refrigerator
Unit Equipment2: Dishwasher, Range/Oven, Refrigerator
Unit Equipment1: Dishwasher, Range/Oven, Refrigerator
Taxes: 1539
Subdivision/Neighborhood: Gresham Park
Subdivision: Gresham Park
Stories: Multi - Level
Section: 2
Parking: Attached, Over 1 Space Per Unit
Ms Bus: Yes
Monthly Rent (Unit 4): 575
Monthly Rent (Unit 3): 575
Unit Equipment4: Dishwasher, Range/Oven, Refrigerator
Unit Number (Unit 1): 1
Unit Number (Unit 2): 2
Water/Sewer: Public Water, Sewer Connected
Utility Billiing: Other (See Remarks)
Unit Rooms4: Living Room
Unit Rooms3: Living Room
Unit Rooms2: Living Room
Unit Rooms1: Living Room
Unit Rent Includes4: Garbage, Water/Sewer
Unit Rent Includes3: Garbage, Water/Sewer
Unit Rent Includes2: Garbage, Water/Sewer
Unit Rent Includes1: Garbage, Water/Sewer
Unit Number (Unit 4): 4
Unit Number (Unit 3): 3
Monthly Rent (Unit 2): 575
Monthly Rent (Unit 1): 600
Middle School: East Cobb
Br (Unit 3): 2
Br (Unit 2): 2
Br (Unit 1): 2
Basement: Slab/None
Baf (Unit 4): 1
Baf (Unit 3): 1
Baf (Unit 2): 1
Baf (Unit 1): 1
Annual Water (): 2890
Annual Maintenance (): 2400
Annual Insurance: 1100
Annual Gross Income: 27900
Annual Gross Expense: 8203
Acres: 0.4600
Br (Unit 4): 2
Construction: Brick/Frame
Construction Status: Resale
Lot Dimensions: Under 1/2 Acre
Lot: 7
Land Lot: 1097
Hs Bus: Yes
High School: Wheeler
Heating Type: Central
Heating Source: Electric
Elementary School: Powers Ferry
District: 16
Directions: 75-N To Exit 265 (Ga-120/N Marietta Pkwy). Make Right On On N. Marietta Pkwy. Right On Wallace Rd. L
Cooling Type: Window Units
Cooling Source: Other (See Remarks)
Acreage Source: Public Record
Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: (770) 765-5005
Fax: (770) 217-4080
Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: (770) 765-5005
Fax: (770) 217-4080
Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: (770) 765-5005
Fax: (770) 217-4080
After completing the process of selling our home, I felt compelled to write this letter to let you know how impressed Dan and I were with Keller Williams Four Walls Realty, you and your assistant, Jessica.
From the beginning when you contacted us by telephone to set up the initial appointment until the closing, you and Jessica were professional and kept our interest in the forefront. We were always informed in advance of showings and received feedback afterward. If we had any questions, you or Jessica answered them quickly and concisely. When we received a contract after only 2 days on the market, you helped us negotiate to get the highest price for the house. Jessica was wonderful at keeping us updated throughout the whole process reminding us of the date and time of the closing and what exactly we needed to take with us. Her assistance was invaluable.
We have bought and sold a number of houses during our married life and none of them were handled with the quality of service, professionalism and expertise as this one. Thank you for making this a great experience. I will (and have) recommended you and your organization to my friends and family and will let you know if we are ever in the market to buy or sell another home. Cindy and Dan Acker