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1812 Glenview Drive SW

Atlanta, GA 30331
  • $269,000
  • STATUS: Pending
  • ON SITE: 39 Days
  • MLS #: 7328537
Pending
UPDATED: 131 min ago
$269,000
  • 8
    BEDS
  • 0.45
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,338
    SQFT
  • $115
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1960
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.

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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. © 2024 First Multiple Listing Service, Inc. Data last updated 2024-03-04T00:05:04.953. For issues regarding this website, please contact BoomTown.
www.prestigerealtyteam.com/homes/146890564
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1812 Glenview Drive SW Atlanta, GA 30331

  • Price: $269,000
  • Status: Pending
  • On Site: 39 Days
  • Updated: 131 min ago
  • MLS #: 7328537
8
Beds
2
Baths
0
½ Baths
0.45
Acres
2,338
SQFT
$115
$/SQFT
1960
Built
Neighborhood:
Heritage Valley
County:
Fulton - Ga
Area:
Fulton - Ga
Elementary School:
R. N. Fickett
Middle School:
Ralph Bunche
High School:
D. M. Therrell
Property Description
Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.
Exterior Features

Architectural Style Ranch Construction Materials Brick 4 SidesVinyl Siding Dock None Exterior Features Rain Gutters Fencing Back Yard Foundation Slab Horse Amenities None Land Lot 250 Lot Features Back YardFront Yard Number Of Parking Spaces 0 Other Structures None Parking Features CarportCovered Patio And Porch Features None Pool Features None Pool Private YN No Road Surface Asphalt Road Type City Street Roof Type CompositionShingle Stories Multi/Split View City Waterfront Features None Window Features None

Interior Features

Additional Rooms LaundryOther Appliances DishwasherElectric OvenElectric Range Basement None Bedroom Features Roommate Floor Plan Cooling Central Air Dining Room Features None Fireplace Features None Flooring Ceramic TileLaminate Heating Forced AirNatural Gas Interior Features High Speed Internet Kitchen Features Cabinets WhiteEat-in KitchenLaminate Counters Laundry Features Laundry ClosetLower Level Main Bedrooms 3 Main Full Baths 0 Master Bathroom Features Tub/Shower Combo Number Of Fireplaces 0

Property Features

Accessibility Features None Association Fee 0 Association YN No Common Walls No Common Walls Community Features Near ShoppingRestaurant Electric 110 Volts Fha Condo Approval YN No Green Energy Efficient None Green Energy Generation None Hoa Rent Restrictions No Home Warranty No Initiation Fee 0 Land Lease YN No Lot Size Dimensions 0 Master Association Fee 0 Number Of Carport Spaces 2 Number Of Units In Community 0 Number Of Units To Be Built 0 Other Equipment None Owner Financing No Ownership Fee Simple Property Attached YN No Property Condition Resale Proposed Financing CashConventional School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features None Sewer Public Sewer Spa Features None Special Circumstances None Special Listing Conditions None Swim Tennis Fee 0 Tax Year 2023 Taxes 1659 Type Single Family Residence Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Waterfront Footage 0

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. © 2024 First Multiple Listing Service, Inc. Data last updated 2024-03-04T00:05:04.953. For issues regarding this website, please contact BoomTown.
 
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