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3589 Paddock Drive

Decatur, GA 30034
  • $359,900
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 7124487
UPDATED: 35 min ago
$359,900
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
-
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

A high-performance, turnkey investment property generating over $51,300 in annual rent! A seasoned PadSplit, this home is in a great location and was completely renovated in 2019. Close to expressways, shopping, and public transportation. This property is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. The net income has been rising monthly since the owners have adopted a new Superhost (management company) in March 2022. Please see attached documents for financials and additional information. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle.

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First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-11-30T19:05:06.64. For issues regarding this website, please contact BoomTown.
atlanta.heylrealestate.com/homes/133671122
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3589 Paddock Drive Decatur, GA 30034

  • Price: $359,900
  • Status: Active
  • On Site: 55 Days
  • Updated: 35 min ago
  • MLS #: 7124487
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1969
Built
Neighborhood:
-
County:
Dekalb
Area:
Dekalb
Elementary School:
Rainbow
Middle School:
Chapel Hill - Dekalb
High School:
Southwest Dekalb
Property Description
A high-performance, turnkey investment property generating over $51,300 in annual rent! A seasoned PadSplit, this home is in a great location and was completely renovated in 2019. Close to expressways, shopping, and public transportation. This property is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity. The net income has been rising monthly since the owners have adopted a new Superhost (management company) in March 2022. Please see attached documents for financials and additional information. Living room and dining room currently repurposed as bedrooms. This amazing coliving opportunity helps people to save money, live closer to work, and enjoy a comfortable, affordable lifestyle.
Exterior Features

Construction Materials Brick 4 Sides Fencing Chain Link Land Lot 101 Lot Features Other Number Of Parking Spaces 2 Parking Features Carport Roof Type CompositionShingle Stories One View City Waterfront Features None Window Features None

Interior Features

Cooling Central Air Heating Forced AirNatural Gas

Property Features

Accessibility Features None Community Features Near MartaNear SchoolsNear ShoppingPublic TransportationRestaurantStreet Lights Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions 203 X 112 Number Of Units Total 1 Occupant Type Tenant Owner Financing No Property Attached YN No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Public Sewer Special Circumstances Corporate OwnerInvestor OwnedSold As/Is Special Listing Conditions None Tax Year 2022 Taxes 4900 Type Other Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available Water Source Public

Listing provided courtesy of Keller Williams Realty Metro Atlanta: 404-564-5560.


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-11-30T19:05:06.64. For issues regarding this website, please contact BoomTown.
 
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