758 Saint Charles Ne Avenue, Atlanta, GA 30306
- $999,000
- List Price
- $999,000
- Status
- PENDING
- Days on Market
- 13
- MLS#
- 7794829
- Subtype
- Residential Income
- Year Built
- 1953
- Lot Size
- 9,496
- Acres
- 0.22
- Subdivision
- Virginia Highland
- Neighborhood
- Virginia Highland
Property Description
Turn-Key, 6-Unit in Prime VA Highland nieghborhood, $17K in Recent Upgrades. $7,265 current monthly gross. Rare opportunity to own a fully occupied, low maintenance 4-sided brick 6-plex, steps from the Beltline and Ponce City Market. This is a true "buy and hold" asset: the seller just invested $17K addressing inspection items to ensure the property is in excellent condition for the next owner. Low Overhead: Units are separately metered for gas/electric (tenant paid). Tenants pay a flat water fee (included in monthly gross income figure). Infrastructure: Recently replaced water/sewer mains. Freshly painted exterior. Each unit features its own washer/dryer and electric wall unit HVAC. Stability: 100% occupancy with a history of reliable, on-time payments; half of the tenants have been there for 3-6 years. Note: 35% min down for DSCR. No seller/creative financing. Showings granted during due diligence with accepted offer.
Additional Information
- Taxes
- $17,163
- Flooring
- Luxury Vinyl
- Heating
- Electric, Wall Unit(s)
- Air Conditioning
- Electric, Wall Unit(s)
- Exterior Construction
- Brick, Brick 4 Sides
- Stories
- One
- Levels
- One
- Roof
- Composition
- Parking
- None
- Elementary School
- Springdale Park
- Middle School
- David T Howard
- High School
- Midtown
- View
- Other
Courtesy of Realty Associates of Atlanta, LLC.
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