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Browse More Listings in Multifamily For Sale, Atlanta, GA or Georgia

Multifamily Property For Sale

Awesome Value!! Fully Rented Duplex

966 Lawton Street, Atlanta, GA 30310

Price:
$69,900
No. Units:
2
Building Size:
1,300 SF
Price/Unit:
$34,950
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Cap Rate:
12%
Occupancy:
100%
Find Out More...

Last Verified 10/29/2009 Listing ID 15801352

Highlights

High Demand Rental Location
Low Maintenance Brick Exterior
Recent Appraisal of $103,000, Built in Equity

Local Management Available for Passive Investors
Close in Location Near Shopping and Intown Amenities
Fully Rented, Excellent Condition

Description

Awesome Price !!! Recent Appraisal of $103,000. Priced to sell at $69,900. Located in high growth, intown Atlanta, this fully leased duplex represents a tremendous opportunity to acquire a cash flowing investment property at a tremendous value. Each unit features 2BR / 1BA and rents for $550/month. Total income is $1100/month for both units. This 4 sided brick duplex is in excellent condition with updated interiors, new roof, and a low maintenance brick exterior. The property is in a high demand rental location near public transporation and many shopping venues. Atlanta, Georgia has one of the highest growth rates for large metropolitan areas and is seeing a major intown re-surgance due to high transportation costs and ever increasing intown amenities. Local management companies are available to handle this investment for a passive investor.

Atlanta, GA

Unit Mix Information

Description	No. Units	Avg. Mo. Rent
2 Bedroom / 1 Bath	2	$550

Map of 966 Lawton 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 966 Lawton Street Sw, Atlanta, GA 30310

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 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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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Awesome Value!! Fully Rented Duplex

966 Lawton Street, Atlanta, GA, 30310