$442,675
$705,800
37.3%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 09/27/2024
Key Details
Sold Price $442,675
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Colonial Hills
MLS Listing ID 7393607
Sold Date 09/27/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1940
Annual Tax Amount $1,927
Tax Year 2023
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
Turnkey Investment Opportunity in East Point, GA. Welcome to a remarkable investment opportunity in the sought-after community of East Point, Georgia. This transaction includes two properties: 1366 and 1370 Clermont Ave. Property Overview: * 1366 Clermont Ave.: Two units, one with 3 bedrooms and 1 bathroom unit and one with 2 bedroom and one bath unit. Plus stand alone one bedroom and one bath unit* 1370 Clermont Ave.: Two units, each with 2 bedrooms and 1 bathroom, sharing a private parking lot and on-site laundry with 1366 Clermont Ave.
Highlights:
* Investment Potential: A diverse mix of units, from single-family homes to duplexes and detached structures, provides multiple rental income streams.
* Amenities: Shared parking lot, on-site laundry facilities, and private entrances for each unit.
* Location:
* Colonial Hills Community: Enjoy the charm and community spirit of Colonial Hills, with easy access to amenities and transportation.
* Conveniently situated close to major Atlanta highways, Marta Station, Atlanta Downtown, Hartsfield-Jackson Atlanta International Airport, Delta
headquarters, Porsche North America and in walking distance to Tyler Perry Studios.
* Major sport venue and City Parks in minutes away: Mercedes Benz Stadium, State Farm Arena, Georgia State Stadium, Westside Park, Centennial
Olympic Park, Grant Park and many others.
This exceptional investment opportunity is being sold "as is" with no showings until the due diligence period/inspection. Don't miss out on this chance to own a versatile and lucrative properties in one of East Point's prime locations.
Welcome home to your next great investment!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Electric, Forced Air
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Hardwood
Window Features None
Exterior
Parking Features Driveway
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 8
Private Pool false
Building
Lot Description Level
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Other
New Construction No
Construction Status Resale
Schools
Elementary Schools Hamilton E. Holmes
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Tax ID 14 013400040139
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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Bought with Boardwalk Realty Associates, Inc.
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