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Holly Nelson

holly.nelson@evmountains.com +1(706) 455-7400

$ 475,000

Est. payment -/mo

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167 Anderson AVE NW Atlanta, GA 30314

10,062 Sqft Lot

UPDATED:

03/11/2025 02:19 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status New

Purchase Type For Sale

MLS Listing ID 10474681

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1930

Annual Tax Amount $426

Tax Year 22

Lot Size 10,062 Sqft

Acres 0.231

Lot Dimensions 10062.36

Property Sub-Type Multi Family,Duplex

Property Description

Offered at $475,000 with a CAP rate of 6.5%, this investment property boasts a potential annual gross income of $75,000. Currently 90% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes two units, the upstairs with 5 rooms, 2 bathrooms, the downstairs with 4 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com)

Location

State GA

County Fulton

Rooms

Basement Finished

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street

Community Features None

Utilities Available Electricity Billing Prorated, Gas Billing Prorated, Sewer Connected, Water Billing Prorated

View Y/N No

Garage No

Private Pool No

Building

Faces Contact agent for directions

Sewer Public Sewer

Water Public

Structure Type Concrete,Stone

New Construction No

Schools

Elementary Schools Peyton Forest

Middle Schools J. L. Invictus Academy

High Schools Douglass

Others

HOA Fee Include None

Tax ID 14 017400090127

Special Listing Condition Updated/Remodeled

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Holly Nelson

Associate Broker | License ID: 248829

+1(706) 455-7400

Holly Nelson

167 Anderson AVE NW Atlanta, GA 30314

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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167 Anderson AVE NW