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$150,000 For Sale

538 Gresham Park Dr #D,E,F
Marietta, GA 30062

3 units | Multi Family Home
2614 sq ft - MLS# 8298383
Property Photo
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Description

2 BUILDING OPPORTUNITY (1 OWNER)-526 GRESHAM PARK DR AND 538 GRESHAM PARK DR BEING SOLD FOR $600,000. 12 TOTAL UNITS-HISTORICAL GROSS INCOME = $88,800/YR. (12.2% CAP). UPSIDE-RENT INCREASES FEASIBLE. 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: 3882
  • Annual Gross Income: 22200
  • Baf (Unit 1): 1
  • Baf (Unit 2): 1
  • Baf (Unit 3): 1
  • Br (Unit 1): 2
  • Br (Unit 2): 2
  • Br (Unit 3): 3
  • Construction: Brick/Frame
  • Construction Status: Resale
  • Cooling Source: Other (See Remarks)
  • Cooling Type: Window Units
  • County/Area: Cobb County
  • Directions: I-75 N To Exit 265 Ga-120 Marietta Pkwy. Right Onto Wallace Road. Left Onto Gresham Road. Left Onto
  • District: 16
  • Elementary School: Powers Ferry
  • Heating Source: Electric
  • Heating Type: Central
  • High School: Wheeler
  • Hs Bus: Yes
  • Land Lot: 1097
  • Listing Status: Active
  • Lot: 4
  • Lot Dimensions: UNDER 1/3 ACRE
  • Lot Size: 0.0600
  • Middle School: East Cobb
  • Monthly Rent (Unit 1): 600
  • Monthly Rent (Unit 2): 600
  • Monthly Rent (Unit 3): 700
  • Ms Bus: Yes
  • Parking: Attached, Over 1 Space Per Unit
  • Property Type: Multi Family Home
  • Section: 2
  • Stories: Multi - Level
  • Sub Type: Apartments (5+ Units)
  • Subdivision: Tall Pines
  • Subdivision/Neighborhood: Tall Pines
  • Taxes: 1578
  • Unit Equipment1: Dishwasher, Range/Oven, Refrigerator
  • Unit Equipment2: Dishwasher, Range/Oven, Refrigerator
  • Unit Equipment3: Dishwasher, Range/Oven, Refrigerator
  • Unit Number (Unit 1): D
  • Unit Number (Unit 2): E
  • Unit Number (Unit 3): F
  • Units: 3
  • 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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