$315,000
For Sale

768 Grant Terrace

Atlanta, GA 30315
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

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

Eric Clouse | Dream Homes Realty Inc.Real Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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