Bought with Anthony Fontana • Cornerstone R/Estate Partners
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2490 Thornton DR Atlanta, GA 30349
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Key Details
Sold Price $275,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Thornton Woods
MLS Listing ID 10363961
Sold Date 10/09/24
Style Brick 4 Side
Bedrooms 10
Full Baths 3
Construction Status Updated/Remodeled,Resale
HOA Y/N No
Year Built 1969
Annual Tax Amount $2,247
Tax Year 2023
Lot Size 1.110 Acres
Property Description
Sitting on over 1 acre of land, this vacant property is ideal for a savvy owner. It needs about $15,000 worth of TLC to be up and running as a high cash flow rental. Could also be ideal for an owner occupant willing to make minor repairs, or a buyer in need of multiple rooms for extra income/guests. When it was rented out it grossed $6500 per month on average, a staggering 14%+ cap rate, and was managed on the PadSplit platform for furnished rentals. It's close to public transit, the interstates, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Will not go FHA/VA, likely needs to be cash or hard money lenders only.
Location
State GA
County Fulton
Rooms
Basement Concrete, Interior Entry, Exterior Entry
Main Level Bedrooms 4
Interior
Interior Features Other
Heating Natural Gas, Central
Cooling Electric, Central Air
Flooring Tile
Exterior
Garage None
Garage Spaces 2.0
Community Features None
Utilities Available Sewer Connected
Roof Type Composition
Building
Story One
Sewer Public Sewer
Level or Stories One
Construction Status Updated/Remodeled,Resale
Schools
Elementary Schools Nolan
Middle Schools Mcnair
High Schools Creekside
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Investor Owned
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