Skip To Content

257 E Simon Terrace NW

Atlanta, GA 30318
  • $225,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 20156117
UPDATED: 48 min ago
$225,000
  • 5
    BEDS
  • 0.3
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,327
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1962
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This is a amazing investment opportunity in historic collier heights!!. This is a single family red brick home with a full basement. Its a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance . This will make the property more valuable on the retail side and sell faster to first time home buyers . The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants. Cash buyers only or seller preferred hard money lenders .

Monthly Payment Calculator



Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2023-12-01T07:13:54.643.
www.southatlantaliving.com/homes/144953785
Print Image

257 E Simon Terrace NW Atlanta, GA 30318

  • Price: $225,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 48 min ago
  • MLS #: 20156117
5
Beds
3
Baths
0
½ Baths
0.3
Acres
2,327
SQFT
$97
$/SQFT
1962
Built
Neighborhood:
Pyramid Assocaition Inc
County:
Fulton
Area:
ATLANTA
Elementary School:
Usher
Middle School:
J. L. Invictus Academy
High School:
Douglass
Property Description
This is a amazing investment opportunity in historic collier heights!!. This is a single family red brick home with a full basement. Its a 3/2 on the main level and bathroom downstairs in the basement. The ARV comps in the high 300s to low 400s. investor could convert the basement into a 2/1 apartment with a private entrance . This will make the property more valuable on the retail side and sell faster to first time home buyers . The demand for duplex style homes on the retail end is high In this location Atlanta housing authority pay $1,500 to $1,700 for a 2 bedroom & $1,800 to $2,000 for a 3 bedroom apartment This property could generate a total of $3,700 dollars per month by renting out both units to section 8 tenants. Cash buyers only or seller preferred hard money lenders .
Exterior Features

Architectural Style Brick 3 SideBrick/Frame Attached Garage YN Yes Carport YN No Common Walls No Common Walls Construction Materials BrickBlock Exterior Features Other Fencing FencedBack YardOther Foundation Details Block Garage YN Yes Levels One Lot Features LevelOtherCity Lot Lot Size Area 12937.32 Lot Size Source Public Records Lot Size Units Square Feet Open Parking YN Yes Parking Features AttachedKitchen LevelParking Pad Parking Total 2 Patio And Porch Features Patio Roof OtherTar/Gravel View City View YN Yes Window Features Window Treatments

Interior Features

Above Grade Finished Area 1162 Above Grade Finished Area Units Square Feet Appliances Gas Water HeaterOther Basement Finished BathDaylightExterior EntryUnfinished Below Grade Finished Area 1165 Below Grade Finished Area Units Square Feet Below Grade Unfinished Area 0 Building Area Total 2327 Building Area Units Square Feet Cooling Ceiling Fan(s)OtherAttic Fan Cooling YN Yes Dining Room Features Dining Rm/Living Rm Combo Fireplace Features Other Fireplace YN Yes Fireplaces Total 1 Flooring HardwoodLaminate Heating ElectricForced AirOther Heating YN Yes Interior Features OtherMaster On Main Level Kitchen Features Breakfast Area Laundry Features Laundry ClosetIn Kitchen Living Area Source Public Records Living Area Units Square Feet Main Level Bathrooms 2 Main Level Bedrooms 3 Rooms Family RoomGreat RoomOther

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features SidewalksStreet Lights District 14 Es Bus Yn Yes Green Water Conservation Low-Flow Fixtures Home Warranty YN No Hs Bus Yn Yes Land Lease YN No Land Lot 00 Listing Terms 1031 ExchangeCashPrivate Financing Available Ms Bus Yn Yes New Construction YN No Other Structures Other Property Attached YN No Property Condition Fixer Property Sub Type Single Family Residence Section 0 Sewer Public Sewer Special Listing Conditions As IsInvestor OwnedRental Structure Type House Tax Annual Amount 1441 Tax Year 2022 Unit 0 Utilities Other Water Source Public Waterfront YN Yes

GAMLS logo Listing provided courtesy of Maximum One Grt. Atl. Realtors: 770-919-8825. © 2023 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2023-12-01T07:13:54.643.
 
https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_20156117-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_20156117-2.jpg https://bt-photos.global.ssl.fastly.net/gamls/orig_boomver_1_20156117-2.jpg
Logo
EXP Georgia
103 Westpark Dr, Suite A
Peachtree City GA, 30269