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Alvin Slate

alvin.slate@exprealty.com +1(470) 944-7167

$ 500,000

Est. payment | -/mo

4,660 Sqft Lot

Save

$ 500,000

Est. payment | -/mo

Save

4,660 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Dixie Hills

MLS Listing ID 7808412

Construction Status Resale

HOA Y/N No

Year Built 1948

Annual Tax Amount $4,714

Tax Year 2023

Lot Size 4,660 Sqft

Acres 0.107

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

Turn-key, fully renovated upstairs/downstairs duplex offering an excellent opportunity for investors, 1031 exchange buyers, or owner-occupants seeking a house-hack strategy. Each unit features 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. Both units are expected to be vacant at closing, providing the new owner flexibility to lease both units or occupy one while renting the other. Projected rental income is up to $2,000 per month per unit, or $4,000 monthly/$48,000 annually, subject to market conditions and applicable program requirements. Potential 6.4%+ cap rate based on projected income and expenses. Owner-occupants may have access to down payment assistance opportunities through Invest Atlanta and Atlanta Housing, subject to buyer, property, lender, and program eligibility and guidelines. Atlanta Housing voucher participants may also have homeownership opportunities through applicable programs, subject to qualification and approval. Recently renovated and designed for low-maintenance ownership, this property also features ample parking with a wrap-around driveway and great backyard space with plenty of potential for outdoor entertaining or creating your own private oasis. Proven rental history, turn-key condition, and immediate leasing potential make this a property worth considering. Motivated seller and priced to sell. Owner/Agent.

Location

State GA

County Fulton

Area Dixie Hills

Lake Name None

Interior

Heating Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Vinyl

Window Features None

Exterior

Parking Features Driveway

Fence Back Yard

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Other

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

Waterfront Description None

View Y/N Yes

View Neighborhood, Trees/Woods

Roof Type Shingle

Accessibility Accessible Entrance

Handicap Access Accessible Entrance

Private Pool false

Building

Lot Description Sloped

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Concrete

Construction Status Resale

Schools

Elementary Schools F. L. Stanton

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 017400080391

Acceptable Financing Cash, Conventional, FHA, Lease Purchase, VA Loan

Listing Terms Cash, Conventional, FHA, Lease Purchase, VA Loan

Listed by Keller Williams Realty West Atlanta

Alvin Slate

Agent License ID: 404817

+1(470) 944-7167 | alvin.slate@exprealty.com

238 Anderson AVE Atlanta, GA 30314

Alvin Slate

Key Details

Location

Interior

Exterior

Building

Schools

Others

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238 Anderson AVE