5280 Sandtown Center BLVD SW Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30331
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status New
Purchase Type For Sale
Subdivision The Summit At Sandtown
MLS Listing ID 10595589
Year Built 2005
Annual Tax Amount $6,856
Tax Year 2024
Lot Size 7,579 Sqft
Property Sub-Type Multi Family
Property Description
Investor Special - Turnkey Rental Income Property - Fully Furnished PadSplit-Style Home! Discover an exceptional income-generating opportunity with this fully furnished, turnkey rental property, currently operating as a PadSplit-style shared housing setup. Designed for maximum cash flow, the home features six individual tenant rooms with weekly rental income. There are no long-term leases in place, offering both flexibility and the potential for high returns through short-term occupancy. Functioning like a multifamily property while maintaining a single-family layout, the tenants share access to a fully equipped kitchen, multiple (2.5) bathrooms, a laundry room, and communal living spaces. Each room is private and lockable, ideal for co-living or workforce housing arrangements. The property has a strong rental history, making it an attractive option for investors seeking immediate cash flow. Even better, the property has an assumable FHA loan at an attractive 4.875% interest rate, giving qualified buyers a rare opportunity to lock in a below-market rate. Creative financing options are welcomed, offering flexibility for both seasoned and first-time investors. Centrally located near major transit routes, employment centers, and local amenities, this property is perfectly positioned to attract and retain tenants. Whether you're expanding your portfolio or entering the rental market for the first time, this unique asset is ready to generate income from day one.
Location
State GA
County Fulton
Interior
Heating Natural Gas
Cooling Ceiling Fan(s),Central Air
Exterior
Parking Features Garage
Garage Spaces 2.0
Community Features Clubhouse,Playground,Sidewalks,Tennis Court(s)
Utilities Available Other
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Other
New Construction No
Schools
Elementary Schools Randolph
Middle Schools Sandtown
High Schools Westlake
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Resale