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Sold for $102,000 Sold
3 units | Multi Family Home - MLS# 5942051
Property Photo
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Sold

Sold for $102,000 on Sep 12, 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

  • # of Parking Spaces: 2
  • Age Desc: Resale
  • Approximate Lot Size: Under 1/3 Acre
  • Construction Desc: Brick & Frame
  • County/Area: Cobb County
  • District: 16
  • Elementary School: Powers Ferry
  • Gross Income: 22200
  • Heat Type: Central, Electric
  • High School: Wheeler
  • Landlot: 1097
  • Listing Status: Sold
  • Lot: 4
  • Lot Desc: Level
  • Lot Dimensions: UNDER 1/3 ACRE
  • Middle School: East Cobb
  • Neighborhood Amenities: Public Transportation
  • Number Of Units Total: 3
  • Parking Desc: Attached, Driveway, Parking Lot, Varies By Unit
  • Parking Spaces: 2
  • Property Category: Multi-Dwelling Units
  • Property Type: Multi Family Home
  • Roof Type: Composition
  • School Bus Route Elem: 1
  • School Bus Route High: 1
  • School Bus Route Middle: 1
  • Selling Agent: Buck Moore
  • Sewer Desc: Public Sewer
  • Sold Date: 2018-09-12 00:00:00
  • Sold Price: 102000.00
  • Sub Type: Multi Family Home
  • Subdivision: Tall Pines
  • Subdivision/Neighborhood: Tall Pines
  • Tax Year: 2017
  • Taxes: 1578
  • Units: 3
  • Water Source: Public Water
  • 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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