Description of 1889 Browns Mill Road, Atlanta, GA, 30315 - Lakewood Heights

Rare Opportunity to purchase this 9 bedroom, 2 bath rooming house that has a 25%+ CAP RATE in Lakewood Heights off of Browns Mill Road. Income from Jan 2018 - August 2019 was $74k. All rooms are occupied, there is month to month tenants and bi-weekly tenants with different rates. Purchase Price is $225,000 and includes the lot of land next to this property which is currently listed for $30,000.

Essential Information

  • MLS® #6619339
  • Price$225,000
  • Bathrooms0.00
  • Acres0.21
  • Year Built1945
  • TypeMulti-Family
  • Sub-TypeOther
  • StatusActive
  • Days on Website64

Community Information

Utilities

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

Exterior

  • Lot DescriptionCorner Lot
  • RoofComposition
  • ConstructionVinyl

Water Amenities

  • Lake NameNone
  • DockNone

Amenities

  • AmenitiesNone
  • ParkingVaries By Unit
  • ViewOther

Interior

  • HeatingOther
  • CoolingNone
  • StoriesTwo

School Information

  • ElementaryDobbs
  • MiddleLong
  • HighSouth Atlanta

Listing Provided Courtesy Of: Keller Williams Rlty, First Atlanta.

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Listing information last updated on November 21st, 2019 at 11:01am EST.

Property Location for 1889 Browns Mill Road, Atlanta, GA, 30315 - Lakewood Heights

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