Bought with Marc Brenner • eXp Realty
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5786 Deerfield TRL Atlanta, GA 30349
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Key Details
Sold Price $162,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Meadows
MLS Listing ID 10147540
Sold Date 05/15/23
Construction Status Resale
HOA Y/N No
Year Built 1967
Annual Tax Amount $1,796
Tax Year 2022
Lot Size 0.658 Acres
Property Description
Cash flowing rental that exceeds the 1% rule in South Atlanta! Just outside the perimeter, only minutes from Hartsfield-Jackson Airport, this all brick split-level ranch is occupied by a tenant that pays on time, has a property manager in place, and is under market rent. Featuring mid-century modern curb appeal in a quiet neighborhood, this is an ideal rental for investors who understand how rapidly this area is developing. "Six West" is $1.5B development just minutes away and will include 3 million square of office space, up to six hotels, 548,000 square feet of retail and 450 residential units, including apartments, townhomes and single family and senior living residences. You will NOT be able to buy here at this price soon! Pro-Forma provided in photos - 22% Cash on Cash return at market rent! Owner loves the unit but is selling off portfolio for a new opportunity. ** This is a single-family income producing property, not multi-family **
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Central
Cooling Central Air
Exterior
Garage Attached, Carport
Community Features None
Utilities Available Other
Building
Story One and One Half
Sewer Public Sewer
Level or Stories One and One Half
Construction Status Resale
Schools
Elementary Schools Bethune
Middle Schools Mcnair
High Schools Banneker
Others
Financing Conventional
Special Listing Condition Investor Owned
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