768 Grant Terrace
Atlanta, GA 30315
0.12 acres | #7553146
Description
Not only does this rental property cash-flow at the asking price, it is located in a well established "A" neighborhood AND there are multiple ways to SIGNIFICANTLY increase your returns on this investment. Currently stabilized with a long-term AHA tenant in place at $2310/month & has the potential for higher rents should certain upgrades be installed. A large, level lot zoned R-5 would allow you to build an ADU and DOUBLE the monthly gross income OR you could scrape the lot and build a large, brand new single family home or duplex and easily sell for upwards of $800,000 +. Summerhill is an incredibly popular, hip neighborhood with high-level amenities within walking distance along Georgia Ave. Walkable to the Beltline, Grant Park, The Beacon, GSU and so much more! Instant access to 75/85 & I-20. Minutes from downtown, 20 minutes to the airport, 20 minutes to Buckhead, 20 minutes to Decatur Square. Close to all of Atlanta's hottest neighborhoods! This is a PRIME piece of Real Estate with multiple ways to maximize returns!
Property Details
- Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Middle SchoolMartin L. King Jr.
- High SchoolMaynard Jackson
- Sewer InformationPublic Sewer
- CountyFulton - GA
- SubdivisionSummerhill
- Parking FeaturesDriveway
- Parking TypeDriveway
- Property TypePurchase
- Elementary SchoolParkside
- Original List Price$315,000
- MLS #7553146
- MLS #7553146
- Utility SourcePublic
- Taxes Annual$4,259
- Cost315000
- Property ConditionResale
- Lot DescriptionLevel
- Property SubtypeOther
- ViewCity
- Acres0.12
- Year Built1991
Location
Legal
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc.
Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: Marc Brenner (#BRENNER)
Listing Office: EXP Realty, LLC. (#EXPR01)

Interested in Purchasing 768 Grant Terrace?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.