1058 Atlantic Drive NW, Atlanta, GA 30318

$824,900
8
BD
3
BA
2,800
SqFt

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List Price
$824,900
MLS#
10856144
Type
Single Family Residential
City
Atlanta
County
Fulton
Subdivision
Home Park
Bedrooms
8
Bathrooms
3
Living Area
2,800
Year Built
1941

Property Description

COMPLETE Investor Package in GA TECH Campus corridor, Home Park is an exclusive neighborhood right off I-85 and 5 MINUTE walk to campus. This home has three available levels, large backyard lot for development. ALL fixtures, and furniture are transferred at sale of property. Total of 8 bedrooms.Total rental income is $12-$13k / month for both properties. Full capacity rent is $15-$17k, 6-7% Cap Rate. Leases transferred with sale of property. Roof recently replaced 2021. New windows installed 2024-2026! Starlink WIFI and Security System available. All Furniture stays with sale of property. Main level and basement has full, renovated kitchens. Refreshed common area with new TV. Basement level has private exterior access with deck. Separate kitchen in basement. This is a RARE OPPORTUNITY to purchase TWO SIDE-BY-SIDE R5 zoned properties that are READY TO LEASE! 1054 Atlantic Drive and 1058 Atlantic drive have a total of .38 acres sharing a spacious & well maintained fenced yard. Second property 1054 Atlantic Drive NW listed for $858,900 MLS #7831976. Has 7 bedrooms. Sellers have transferrable service with Coolray HVAC service and filter maintenance, monthly cleaners, and termite treatment. 5 minute walk to GEORGIA TECH SCHOOL OF CHEMISTRY, 9 minute walk to MACCAMISH PAVILION, 15 minute walk to GEORGIA TECH LIBRARY, and 20 minute walk to GEORGIA TECH GREEK ROW. Unbeatable location and instant ROI with rental income. ALL OFFERS WELCOMED!

Additional Information

Elementary School
Centennial Place
High School
Midtown
Interior Features
Bookcases, Master On Main Level, Rear Stairs, Tile Bath
Style
Craftsman, Traditional
Parking
Attached, Off Street
Basement Type
Exterior Entry, Finished
Stories
3 or More Stories
Fees Include
None
Tax Year
2025

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Listing courtesy of Virtual Properties Realty.com.

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