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    5869 Old Gordon Road

    Mableton, GA 30126
    • $225,000
    • STATUS: Closed
    • ON SITE: 55 days
    • MLS #: 6893153
    Sold - 07/02/2021
    $225,000
    SOLD - 07/02/2021
    • 4
      BEDS
    • 0.8
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,560
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1959
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare investment opportunity in coveted Cobb county. Fantastic all-brick, cash-flowing duplex with investment upside. Instant cash flow through in-place leases which are below market, creating a value-add opportunity for a new buyer. New HVAC (5873), updated kitchen (5869), bathroom tubs have recently been re-glazed, and an opportunity to improve the property and increase rents. Both units have 2 bedrooms and one bathroom, with great light and access to a private, level backyard. Incredibly rare 8% cap rate with room to grow as rents are increased. Current owners have benefitted from 0% vacancy and stable tenants. Please DO NOT disturb tenants, showings will be conducted for qualified buyers only.

    Sold by Atlanta Communities.

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    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. © 2021 First Multiple Listing Service, Inc. Data last updated 2021-07-28T00:03:06.063. For issues regarding this website, please contact BoomTown.
    www.prestigerealtyteam.com/homes/117822728
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    5869 Old Gordon Road Mableton, GA 30126

    • Price: $220,000
    • Status: Closed
    • MLS #: 6893153
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.8
    Acres
    1,560
    SQFT
    $144
    $/SQFT
    1959
    Built
    Neighborhood:
    None
    County:
    Cobb
    Area:
    72 - Cobb-West
    Elementary School:
    Clay-Harmony Leland
    Middle School:
    Lindley
    High School:
    Pebblebrook
    Property Description
    Rare investment opportunity in coveted Cobb county. Fantastic all-brick, cash-flowing duplex with investment upside. Instant cash flow through in-place leases which are below market, creating a value-add opportunity for a new buyer. New HVAC (5873), updated kitchen (5869), bathroom tubs have recently been re-glazed, and an opportunity to improve the property and increase rents. Both units have 2 bedrooms and one bathroom, with great light and access to a private, level backyard. Incredibly rare 8% cap rate with room to grow as rents are increased. Current owners have benefitted from 0% vacancy and stable tenants. Please DO NOT disturb tenants, showings will be conducted for qualified buyers only.
    Exterior Features

    Architectural Style RanchTraditional Construction Materials Brick 4 Sides Exterior Features Private Front EntryPrivate Rear EntryPrivate Yard Fencing None Horse Amenities None Lot Features Back YardFront YardLevelPrivate Other Structures Shed(S) Parking Features Driveway Patio And Porch Features None Pool Features None Road Surface Asphalt Road Type County Road Roof Type Composition Stories One View Rural

    Interior Features

    Additional Rooms Family Room Appliances DishwasherElectric CooktopElectric OvenElectric Water Heater Basement None Bedroom Features Master On MainSplit Bedroom PlanOther Cooling Central Air Dining Room Features Dining L Fireplace Features None Flooring CarpetLaminate Heating Electric Interior Features BookcasesOther Kitchen Features Breakfast BarCabinets StainEat-In KitchenLaminate CountersPantryView To Family Room Laundry Features In Kitchen Lower Bedrooms 0 Lower Full Baths 0 Lower Half Baths 0 Main Bedrooms 4 Main Full Baths 2 Main Half Baths 0 Master Bathroom Features Tub/Shower Combo Number Of Fireplaces 0 Upper Bedrooms 0 Upper Full Baths 0 Upper Half Baths 0

    Property Features

    Accessibility Features None Association YN No Carport Or Garage 0 Common Walls No One AboveNo One Below Community Features Near Shopping Green Energy Efficient None Hoa Rent Restrictions No Home Warranty No Lake Name None Lot Size Dimensions 111 X 100 Master Association Fee 0 Other Equipment None Owner Financing No Property Condition Resale School Bus Route Elementary Yes School Bus Route High Yes School Bus Route Middle Yes Security Features Smoke Detector(S) Sewer Public Sewer Spa Features None Special Circumstances None Special Listing Conditions None Tax Year 2020 Taxes 1912.00 Terms Cash Type Single Family Residence Utilities Cable AvailableElectricity AvailablePhone AvailableWater Available Water Source Public

    Listing provided courtesy of Atlanta Communities.


    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. © 2021 First Multiple Listing Service, Inc. Data last updated 2021-07-28T00:03:06.063. For issues regarding this website, please contact BoomTown.
     
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