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5786 Deerfield TRL Atlanta, GA 30349
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Key Details
Sold Price $162,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Meadows
MLS Listing ID 7198556
Sold Date 05/15/23
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1967
Annual Tax Amount $1,796
Tax Year 2022
Lot Size 0.658 Acres
Acres 0.6583
Property Description
Cash flowing rental that exceeds the 1% rule in South Atlanta! Just outside the perimeter, only minutes from Hartsfield-Jackson Airport, this all brick split-level ranch is occupied by a tenant that pays on time, has a property manager in place, and is under market rent. Featuring mid-century modern curb appeal in a quiet neighborhood, this is an ideal rental for investors who understand how rapidly this area is developing. "Six West" is $1.5B development just minutes away and will include 3 million square of office space, up to six hotels, 548,000 square feet of retail and 450 residential units, including apartments, townhomes and single family and senior living residences. You will NOT be able to buy here at this price soon! Pro-Forma provided in photos - 22% Cash on Cash return at market rent! Owner loves the unit but is selling off portfolio for a new opportunity. ** This is a single-family income producing property, not multi-family **
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Attached, Carport
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility None
Handicap Access None
Private Pool false
Building
Lot Description Other
Story One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Bethune - College Park
Middle Schools Mcnair - Fulton
High Schools Banneker
Others
Senior Community no
Tax ID 13 009400030429
Special Listing Condition None
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Bought with EXP Realty, LLC.