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    1794 Thompson Ave

    Atlanta, GA 30344
    • $309,000
    • STATUS: Active
    • ON SITE: 25 days
    • MLS #: 8885489
    UPDATED: 5 min ago
    $309,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Solid all brick, fully rented 3 Unit income producing multifamily property producing true 7.16% Cap Rate, Gross Rental Yield of 8.93% & $22,136 of NOI. Excellent location and future value-add potential. Unit A+B are 1/1s in the main house. Unit C is 1/1 Studio over the garage. Large corner lot. Covered rocking chair front porch. Shared laundry room in garage. All new electric meters & panels, smoke alarms, laundry room plumbing. New HVAC & sewer line to Unit C. 3 Blocks from Main Street East Point, restaurants, MARTA. Close to Airport/City/Tyler Perry Studios/I-85 and I-285/ Fort McPherson/Georgia State University/Atlanta University Center. Rents promptly when vacant. Water is not separately metered so included in rents. $75 power bill is currently included in Unit C rent. Full interior tours only after contract is agreed. PLEASE DO NOT DISTURB TENANTS.

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    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Maximum One West Georgia Realtors are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Maximum One West Georgia Realtors. Data last updated: 2020-12-02T12:52:53.07.
    www.cherylgibsonrealtor.com/homes/111676880
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    1794 Thompson Ave Atlanta, GA 30344

    • Price: $309,000
    • Status: Active
    • Updated: 5 min ago
    • MLS #: 8885489
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1930
    Built
    Neighborhood:
    East Point
    County:
    Fulton
    Area:
    ATLANTA
    Elementary School:
    Hamilton Holmes
    Middle School:
    Paul D West
    High School:
    Tri Cities
    Property Description
    Solid all brick, fully rented 3 Unit income producing multifamily property producing true 7.16% Cap Rate, Gross Rental Yield of 8.93% & $22,136 of NOI. Excellent location and future value-add potential. Unit A+B are 1/1s in the main house. Unit C is 1/1 Studio over the garage. Large corner lot. Covered rocking chair front porch. Shared laundry room in garage. All new electric meters & panels, smoke alarms, laundry room plumbing. New HVAC & sewer line to Unit C. 3 Blocks from Main Street East Point, restaurants, MARTA. Close to Airport/City/Tyler Perry Studios/I-85 and I-285/ Fort McPherson/Georgia State University/Atlanta University Center. Rents promptly when vacant. Water is not separately metered so included in rents. $75 power bill is currently included in Unit C rent. Full interior tours only after contract is agreed. PLEASE DO NOT DISTURB TENANTS.
    Exterior Features

    Construction Brick 4 Sided Lot Dimensions 74 X 180

    Interior Features

    Basement Entrance - Outside Bathrooms Full Unit1 1 Bathrooms Full Unit2 1 Bathrooms Full Unit4 1 Bathrooms Half Unit1 0 Bathrooms Half Unit2 0 Bathrooms Half Unit3 0 Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Cooling Source Electric Cooling Type Central Energy Related None Heating Source Gas Heating Type Central Laundry Mf Other (See Remarks) Stories 1 Story Total Fireplaces 0 Total Units 0 Unit Equipment1 Range/OvenRefrigeratorSmoke/Fire Alrm Unit Equipment2 Range/OvenRefrigeratorSmoke/Fire Alrm Unit Equipment3 Range/OvenRefrigeratorSmoke/Fire Alrm Unit Rooms1 Living Room Unit Rooms2 Living Room Unit Rooms3 Living Room

    Property Features

    Acreage Source Public Record Amenities None Annual Gross Expense 5464 Annual Gross Income 27600 Annual Insurance 1100 Annual Water Amount 1620 Block 0 Construction Status Resale Date Of Possession At Closing District 0 Fees Include None Land Lot 0 Lot 0 Monthly Rent Unit1 850 Monthly Rent Unit2 750 Monthly Rent Unit3 700 Multi Type Triplex Property Class Multifamily Quadrant 0 Sale Or Rent For Sale Section 0 Tax Year 2020 Taxes 1884 Total Fin Area Unit1 900 Total Fin Area Unit2 900 Total Fin Area Unit3 400 Unit 0 Unit Lease Term1 Years Unit Lease Term2 Years Unit Lease Term3 Years Unit Lease Term4 None Unit Number Unit1 1 Unit Number Unit2 2 Unit Number Unit3 3 Unit Rent Includes1 Water/Sewer Unit Rent Includes2 Water/Sewer Unit Rent Includes3 ElectricityWater/Sewer Utility Billiing Electricity Ind. MetersGas Individual MetersWater Prorated Water Sewer Public Water

    Listing provided courtesy of Keller Knapp, Inc. © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Maximum One West Georgia Realtors are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Maximum One West Georgia Realtors. Data last updated: 2020-12-02T12:52:53.07.
     
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