Description
Looking for cashflow? you found it! this turnkey coliving rental property generates $3,800 per month, and is a 12.0% cap rate when you factor expenses. a seasoned padsplit, this home is in a great location close to expressways, shopping, and public transportation. this property is sold leased to a padsplit llc, and it can be terminated with 30 day notice by the landlord. an experienced superhost is also available, making this property ideal for any investor, no matter their capacity. this house is set up with 6 rooms, as the dining room, living room, have been converted to bedrooms. padsplit helps members save money and live closer to work, while providing 2x returns to investors compared to a typical rental. google "padsplit hosts" to learn more. part of a portfolio.
Property Type
ResidentialSubdivision
Leisure ValleyCounty
DeKalbStyle
HouseAD ID
47648144
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 3
- Bedrooms On Upper Level: 0
- Bedrooms On Lower Level: 0
- Main Bedrooms: 3
- Room Type: Laundry
- Window Features: Double Pane Windows
Bathroom Information
- Total Baths: 2
- Full Baths: 2
- Half Baths: 0
- Full Baths Main: 2
- Baths Full Lower: 0
- Baths Full Upper: 0
Water/Sewer
- Water Source: Public
- Water BodyName: NONE
- Sewer: Public Sewer
Interior Features
- Master On Main Level
Appliances
- Dryer,Gas Water Heater,Oven/Range (Combo),Refrigerator
Utilities
- None
Cooling Features
- Central Air
Heating Source
- Central
Fireplace
- Number of Fireplaces: 0
-
Exterior Features
Building Information
- Built Year: 1987
- Roof Type: Concrete,Tile
- Basement: None
Laundry Features
- In Kitchen
Construction Materials
- Wood Siding
Property Condition
- Resale
-
Property / Lot Details
Lot Information
- Lot Size (Acr): 0.2
- Land Lot: 78
- Lot Size Source: Public Records
- Lot Features: Level
Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Structure Type: House
- Subdivision: Leisure Valley
- City: Lithonia
- State: GA
- Directions: Take exit 71 toward Panola Rd. Go for 0.3 mi. Turn left onto Panola Rd. Go for 1.7 mi. Turn right onto Mallard Trl. Go for 0.6 mi. Turn right onto Mallard Way. Go for 272 ft.
- Property Status: Under Contract
-
Listing Information
Listing Price Information
- Original List Price: $210,000
-
Taxes / Assessments
Tax Information
- Annual Tax: $1600
- Tax Year: 2023
- Tax Block: A
Home Warranty
- Home Warranty Paid: No
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 0
- Parking Features: Garage
Homeowners Association Information
- Association: No
- Association Fee Includes: Maintenance Grounds
-
School, Utilities & Location Details
School Information
- Elementary School: Panola Way
- High School: Miller Grove
- High School Bus: Yes
- Middle School: Miller Grove
- Middle School Bus: Yes
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Byowner are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2020 Georgia MLS. All rights reserved.
BuyOwner last updated this listing 12/22/2024 @ 04:05
- MLS: 10413774
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Georgia MLS
is a Home, with 3 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lithonia , in zip code 30058, this DeKalb County Home , it is in the Leisure Valley Subdivision, and are nearby neighborhoods.