$630,000
$625,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 01/29/2021
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Historic College Park
MLS Listing ID 6796015
Sold Date 01/29/21
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1966
Annual Tax Amount $5,558
Tax Year 2019
Lot Size 0.378 Acres
Acres 0.378
Property Description
Jefferson St Apartments is a desirably-sized property consisting of 6 units each featuring two bedrooms with one and half baths.
Lightly upgraded units have been recently rented for $895, which is $50 higher than the average on the October 2020 rent roll. Total rent roll is currently $5,045. Nearby renovated competitors offer support for further rent increases through interior upgrades. Jefferson Apartments is in a area of downtown College Park undergoing new development. It is immediately nearby the Temple Square Town-homes listed in the high $300s. Walking distance to Downtown Historic College Park with a busy downtown Main Street, restaurants, parks, Marta, airport access, I-85 and I-285 access and the newly announced 6-West Downtown Development Project. Close to the new Tyler Perry Studios, Fort McPherson redevelopment site, and Smart Transit Corridor the downtown business district, Georgia State University, and the Atlanta University Center.
Location
State GA
County Fulton
Area 31 - Fulton South
Lake Name None
Interior
Heating Other
Cooling Other
Window Features None
Exterior
Garage Level Driveway, Paved, Parking Lot
Fence None
Community Features Airport/Runway, Public Transportation, Near Trails/Greenway, Park, Playground, Pool, Restaurant, Sidewalks, Near Marta, Near Shopping
Utilities Available Electricity Available, Sewer Available, Water Available
View City
Roof Type Composition
Accessibility None
Handicap Access None
Parking Type Level Driveway, Paved, Parking Lot
Total Parking Spaces 6
Building
Lot Description Corner Lot, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Parklane
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Tax ID 14 015900130278
Special Listing Condition None
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CEO | DRE# SA695240000 | DRE# 02100184