Multifamily Property For Sale - Cash Flow Duplex - Owner Carry W/ $10,000 down

1183 McDaniel Street, Atlanta, GA, 30310

 

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Cash Flow Duplex - Owner Carry W/ $10,000 down

1183 McDaniel Street, Atlanta, GA 30310

Cash Flow Duplex - Owner Carry W/ $10,000 down
  • $89,900
  • 2
  • 1,200 SF
  • $44,950
  • Multifamily
  • Duplex/ Triplex/ Fourplex
  • Investment
  • 3%
  • 10%
  • 100%
  • Find Out More...
Last Verified  10/22/2009 Listing ID  15801061

Highlights

  • Fully Renovated, Excellent Condition
  • High Demand Rental Area near public transportation
  • Tenants Pay All Utiliites Including Water
  • Local Management Companies are available to handle this investment
  • Tons of New Construction in the area
  • Located in Booming, Intown Atlanta

Description

Owner may carry with $10,000 down. Located in a revitalizing area of Atlanta, Georgia, 1183 McDaniel Street offers an investor the opportunity to acquire a fully rented stabilized duplex at a great value. Each unit features 2BR/1BA and rents for $500/month. Total income is $1000 per month for both units. Additionally, the tenants pay all their own utilities including water/sewer. This is an awesome feature for the landlord since you do not have to worry about variable expenses because the tenants pay all the utilities direct to the service provider. The immediate area has experienced a tremendous amount of new construction. Additionally, major developments are occurring in the area including McDaniel Glenn, a $144 million, 41 acre redevelopment and the proposed belt-line expansion through urban Atlanta. 1183 McDaniel is well located near Atlanta' s top attractions, including Downtown Atlanta, Turner Field, the Georgia Dome and Georgia Aquarium. This duplex is in tremendous condition with hardwood floors, tiled bathrooms, and low maintenance exterior vinyl siding. Local management companies are available to handle this investment. The property is in a high demand rental location.

1183 McDaniel Street is located near downtown Atlanta, Turner Field, and the Georgia Acquarium. Atlanta has one of the highest growth rates for large metropolitan areas and is seeing a major intown resurgance due to high transporation costs and ever increasing intown amenities. Additionally, the duplex next door, 1185 McDaniel, is also available for sale. This is a great opportunity to acquire 2 side by side duplexes in a high demand rental area.

Financial Summary

Unit Mix Information

  • Proforma
  • $9,000

Map of 1183 McDaniel Street, Atlanta, GA 30310 (Fulton County)

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Presented by

Chapman Hall Realtors

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Contact Listing Broker
Brett Finkelstein (678) 886-3940
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Created 7/14/2008

Additional Information for 1183 Mcdaniel Street Sw, Atlanta, GA 30310

  • Active For Sale - 1 Listing
  • Active For Lease - 0 Listing
  • Previously Listed - 0 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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