Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
11
Listed by Josh Stanton • Keller Williams Realty
Bought with Jeffrey Stewart • LOCAL Realty
$270,000
$269,000
0.4%
Est.Price: ?

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8 BD
2 BA
2,338 SqFt

1812 Glenview DR SW Atlanta, GA 30331

Est. payment /mo
SOLD DATE : 03/19/2024

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Key Details

Sold Price $270,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,338 sqft

Price per Sqft $115

Subdivision Heritage Valley

MLS Listing ID 10244894

Sold Date 03/19/24

Style Brick 4 Side,Ranch

Bedrooms 8

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1960

Annual Tax Amount $1,659

Tax Year 2023

Lot Size 0.452 Acres

Property Description

Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

Location

State GA

County Fulton

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Roommate Plan

Heating Natural Gas, Forced Air

Cooling Central Air

Flooring Tile, Laminate

Exterior

Garage Carport

Fence Back Yard

Community Features Walk To Shopping

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available

View City

Roof Type Composition

Building

Story Multi/Split

Foundation Slab

Sewer Public Sewer

Level or Stories Multi/Split

Construction Status Resale

Schools

Elementary Schools Fickett

Middle Schools Bunche

High Schools Therrell

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

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Georgia MLS (GAMLS)

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Genene Homer

Realtor | License ID: 385657

+1(470) 440-2547

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