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Sold for $250,000 Sold

526 Gresham Park Dr
Marietta, GA 30062

6 units | Multi Family Home
2614 sq ft lot - MLS# 8047144
Property Photo
1/36

Sold

Sold for $250,000 on Apr 26, 2017

Description

2 BUILDING OPPORTUNITY (1 OWNER)- 526 GRESHAM PARK DR AND 538 GRESHAM PARK DR (UNITS D,E,F). 6 TOTAL UNITS-TOTAL GROSS INCOME = $44,400/YR. 11.7% CAP. 6 ADDITIONAL UNITS ALSO AVAILABLE AND SOLD SEPARATELY. BRING YOUR 1031, INVESTORS, OR HEDGE FUND MANAGERS TO TAKE ADVANTAGE OF THIS INVESTMENT OPPORTUNITY. LOW EXPENSES & STABLE INCOME. GREAT RENTAL LOCATION! EAST COBB SCHOOLS! VALUES EXPECTED TO SOAR DUE TO PROXIMITY TO NEW FALCONS AND BRAVES STADIUMS.

Features

  • Acreage Source: Public Record
  • Annual Gross Expense: 9431
  • Annual Gross Income: 44400
  • Annual Insurance: 1769
  • Annual Water (): 3636
  • Baf (Unit 1): 1
  • Baf (Unit 2): 1
  • Baf (Unit 3): 1
  • Baf (Unit 4): 1
  • Basement: Slab/None
  • Br (Unit 1): 2
  • Br (Unit 2): 2
  • Br (Unit 3): 2
  • Br (Unit 4): 3
  • Construction: Brick/Frame
  • Construction Status: Resale
  • Cooling Source: Other (See Remarks)
  • Cooling Type: Window Units
  • County/Area: Cobb County
  • Directions: 75-N To Exit 265 (Ga-120/N Marietta Pkwy). Make Right On On N. Marietta Pkwy. Right On Wallace Rd. L
  • District: 16
  • Elementary School: Powers Ferry
  • Heating Source: Electric
  • Heating Type: Central
  • High School: Wheeler
  • Hs Bus: Yes
  • Land Lot: 1097
  • Listing Status: Sold
  • Lot: 5,6
  • Lot Dimensions: UNDER 1/3 ACRE
  • Lot SqFt: 2613.6
  • Middle School: East Cobb
  • Monthly Rent (Unit 1): 600
  • Monthly Rent (Unit 2): 600
  • Monthly Rent (Unit 3): 600
  • Monthly Rent (Unit 4): 700
  • Ms Bus: Yes
  • Parking: Attached, Over 1 Space Per Unit
  • Property Type: Multi Family Home
  • Section: 2
  • Sold Date: 2017-04-26 00:00:00
  • Sold Price: 250000
  • Stories: Multi - Level
  • Sub Type: Apartments (5+ Units)
  • Subdivision: Tall Pines
  • Subdivision/Neighborhood: Tall Pines
  • Taxes: 1243
  • Unit Equipment1: Dishwasher, Range/Oven, Refrigerator
  • Unit Equipment2: Dishwasher, Range/Oven, Refrigerator
  • Unit Equipment3: Dishwasher, Range/Oven, Refrigerator
  • Unit Equipment4: Dishwasher, Range/Oven, Refrigerator
  • Unit Number (Unit 1): A
  • Unit Number (Unit 2): B
  • Unit Number (Unit 3): C
  • Unit Number (Unit 4): E
  • Unit Rent Includes1: Garbage, Water/Sewer
  • Unit Rent Includes2: Garbage, Water/Sewer
  • Unit Rent Includes3: Garbage, Water/Sewer
  • Unit Rent Includes4: Garbage, Water/Sewer
  • Unit Rooms1: Living Room
  • Unit Rooms2: Living Room
  • Unit Rooms3: Living Room
  • Unit Rooms4: Living Room
  • Units: 6
  • Utility Billiing: Other (See Remarks)
  • Water/Sewer: Public Water, Sewer Connected
  • Year Built: 1984
  • Zip Code: 30062
Jules Harper, SFR
Associate Broker
The Four Walls Group
Keller Williams Realty Signature Partners
Office: (770) 765-5005
Fax: (770) 217-4080

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