Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
Atlanta, GA 30331,1812 Glenview DR SW
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$270,000

$269,000

0.4%
Est.Price: ?

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Est. payment /mo

8 Beds

2 Baths

2,338 SqFt


SOLD DATE : 03/19/2024

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 7328537

Sold Date 03/19/24

Style Ranch

Bedrooms 8

Full Baths 2

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1960

Annual Tax Amount $1,659

Tax Year 2023

Lot Size 0.452 Acres

Acres 0.452

Property Sub-Type Single Family Residence

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

Lake Name None

Rooms

Bedroom Description Roommate Floor Plan

Other Rooms None

Basement None

Main Level Bedrooms 3

Dining Room None

Interior

Interior Features High Speed Internet

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Ceramic Tile, Laminate

Fireplaces Type None

Window Features None

Appliance Dishwasher, Electric Oven, Electric Range

Laundry Laundry Closet, Lower Level

Exterior

Exterior Feature Rain Gutters

Parking Features Carport, Covered

Fence Back Yard

Pool None

Community Features Near Shopping, Restaurant

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Composition,Shingle

Street Surface Asphalt

Accessibility None

Handicap Access None

Porch None

Private Pool false

Building

Lot Description Back Yard, Front Yard

Story Multi/Split

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Ranch

Level or Stories Multi/Split

Structure Type Brick 4 Sides,Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools R. N. Fickett

Middle Schools Ralph Bunche

High Schools D. M. Therrell

Others

Senior Community no

Restrictions false

Tax ID 14 025000040368

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing no

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta
Bought with Local Realty GA, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(678) 598-1208

mark.galloway@galyangrouprealty.com

2302 Parklake Dr NE STE 220, Atlanta, Georgia, 30345, United States

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