3 units | Multi Family Home 2614 sq ft lot - MLS# 8298383
1/1
Sold
Sold for $102,000
on Sep 11, 2018
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
Property Type: Multi Family Home
Sub Type: Multi Family (5+ Units)
Listing Status: Sold
County/Area: Cobb County
Zip Code: 30062
Year Built: 1984
Units: 3
Lot Size: 0.0600
Construction Materials: Brick
Cooling: Other, Window Unit(S)
Directions: I-75 N To Exit 265 Ga-120 Marietta Pkwy. Right Onto Wallace Road. Left Onto Gresham Road. Left Onto
District: 16
Elementary Bus: Yes
Elementary School: Powers Ferry
Gross Income: 22200
Heating: Electric, Central
High School: Wheeler
High School Bus: Yes
Land Lot: 1097
Lot Size Source: Public Records
Main Type: Residential Income
Middle School: East Cobb
Middle School Bus: Yes
Operating Expense: 3882
Parking Features: Attached, Over 1 Space Per Unit
Property Condition: Resale
Selling Agent: Buck Moore
Selling Office: Title One Realty
Subdivision: Tall Pines
Subdivision/Neighborhood: Tall Pines
Tax Annual Amount: 1578
Tax Year: 2017
Utilities: Other, Sewer Connected
Water Source: Public
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