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404 Dixie Hills Circle NW

Atlanta, GA 30314
  • $335,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 10137532
UPDATED: 29 min ago
$335,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 9.1% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft's planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. Seller willing to hold a second mortgage. Contact for details.

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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: 2023-03-26T17:05:44.397.
www.southatlantaliving.com/homes/137549808
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404 Dixie Hills Circle NW Atlanta, GA 30314

  • Price: $335,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 29 min ago
  • MLS #: 10137532
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1966
Built
Neighborhood:
Grove Park
County:
Fulton
Area:
ATLANTA
Elementary School:
Woodson
Middle School:
Harper Archer
High School:
Douglass
Property Description
A high-performance turnkey income-producing property generating over $60,000 in rent annually ($5,000 per month). Are you trying to beat the 1% Rule? How about the 1.2% rule! A seasoned PadSplit, this 9.1% cap rate property occupies prime intown location in Grove Park. An outstanding location, 5-minute drive from Microsoft's planned massive 90-acre corporate campus at Quarry Yards, the Atlanta BeltLine, and steps away from public transportation. This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. Seller willing to hold a second mortgage. Contact for details.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Garage YN No Levels Two Lot Size Area 7013.16 Lot Size Source Public Records Lot Size Units Square Feet Parking Features None Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement None Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating Forced AirNatural Gas Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features SidewalksStreet LightsNear Public TransportWalk To Schools District 14 Gross Income 60600 Land Lot 175 New Construction YN No Property Condition Resale Property Sub Type Multi Family Section - Sewer Public Sewer Special Listing Conditions As IsInvestor OwnedNo Disclosure Structure Type House Tax Annual Amount 1165 Tax Year 2021 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Keller Williams Realty: 404-564-5560. © 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: 2023-03-26T17:05:44.397.
 
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EXP Georgia
103 Westpark Dr, Suite A
Peachtree City GA, 30269