3
beds
3
baths
1,550
sqft
Built in
1930
Turnkey Cash-Flow Rental – Guaranteed Income | Investor’s Dream! This fully renovated 3BR/2.5BA single-family 3 story home is a turnkey rental with a stable long-term tenant already in place, paying $2,500/month via Grady Hospital Behavioral Health (Section 8 program). * Income-Producing from Day 1: Gross Cap Rate ~9.5%. *Government-backed rental income * Tenant has been in place for 2+ years and wants to stay. * Rent paid on time every month through Grady’s Behavioral Health housing program. **Renovated Down to the Studs (2022): Brand new roof, HVAC, furnace, electrical, plumbing, new flooring, drywall, insulation, kitchen, and baths, modern finishes = low maintenance for years to come, ***Turnkey & Hands-Off: Newly Renovated. * Reliable program-backed tenant, Low-maintenance asset for long-term buy-and-hold strategy. Perfect for: In town or Out-of-state investors seeking strong cash flow. Landlords wanting passive, predictable income. Don’t miss this high-yield, low-hassle Atlanta investment! ****. Blocks from the Belt-line, Lee & White District (Wild Heaven Brewing and Monday Night Garage) all the Belt-line restaurants. Near I-75/I-85, abundant green-space, and minutes from Downtown Atlanta's shopping, restaurants, and nightlife, Hartsfield Atlanta International Airport, the Beltline.
-
Listing Status:
-
Active
-
Date Added:
- March 7, 2025
—
53 days ago
-
Listing Office:
-
First United Realty, Inc., JEILL HOWELL (678-743-1669)
-
Office Phone:
-
770-650-2825
-
MLS ID:
-
7536602
Features & Amenities
Interior
- General:
- High Ceilings 9 ft Main
- Rooms:
- Bonus Room, Computer Room
- Appliances:
- Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry:
- Common Area
- Basement:
- None
- Flooring:
- Laminate
- A/C:
- Ceiling Fan(s), Central Air, Electric
- Heating:
- Central, Electric
- Fireplace:
- Fireplaces: 0
- Disability Feature:
- None
- Eco/Green Feature:
- None, None
Exterior
- General:
- None
- Style:
- A-Frame, Bungalow, Traditional
- Pool:
- None
- Parking:
- Detached, Driveway
Construction
- Roofing:
- Shingle
- Windows:
- None
- General:
- HardiPlank Type, Lap Siding, Wood Siding, Two, Block
Location
- Road/Access:
- City Street
- Originating MLS:
- First Multiple Listing Service
- County:
- Fulton - GA
Lot
- Zoning:
- Land Lot 0119 District 14, 14 011900061142
- View:
- City
- Fencing:
- Back Yard, Fenced, Wood
Utilities
- Utilities:
- Electricity Available, Sewer Available, Water Available, 110 Volts, 220 Volts
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- First Multiple Listing Service
This listing courtesy of:
First United Realty, Inc., JEILL HOWELL
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $2,141
- Taxes $330
- Insurance $96
- VA Funding Fee $21
*Your actual payment may vary based on your unique situation.
$2,588 Est. Payment
-
$--- BAH
=
$--- Remaining
About Atlanta, GA
Housing
- Number of Units
- 517,940
- Median Home Value
- $387,201
- Median Rent
- $1,151
54.70%
of
housing units are renter occupied.
9.59% are vacant.
Commute
- Car
-
52.29%
- Public Transportation
-
6.55%
- Walk to Work
-
2.19%
- Work from Home
-
37.45%
- Other
-
1.03%
The median travel time to work is
19 minutes.
People
- Population
- 1,042,237
- Median Age
- 36.10
- Median Household Size
- 2.33
Education
- High School
-
16.96%
- Associate’s Degree
-
5.82%
- Bachelor’s Degree
-
31.69%
- Graduate Degree
-
24.29%
Disclaimer: Community and Demographic information uses data from the U.S.
Census Bureau
but is not endorsed or certified by the Census Bureau.
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