Description
963 Moreland Ave SE,
Atlanta,
GA
30316
A high-performance turnkey 8% cap income-producing property generating over $71,000 in rent annually, $47,000 after expenses. This is a dream house hacking scenario for a savvy homeowner as well! A seasoned PadSplit, this 2,029 sq ft property occupies a prime ITP location in Ormewood Park and was completely renovated in 2020. An outstanding location less than a mile from East Atlanta Village and the BeltLine, on a major arterial road with ample off-street parking accessible via a rear alley, and steps away from public transportation.This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.
Listing By: Keller Williams Realty via Data Source: GA MLS
Single Family
Property type
Price History
| date | price | variance | type | global |
|---|
| 2/1/2022 | $590,000 | 1.65 % | Sold | view listing |
| 12/22/2021 | $599,900 | - | Contract |
| 11/10/2021 | $599,900 | - | Listed |
listing agent: Kathleen Levy
