Atlanta, GA 30341,2855 Shallowford RD NE
Atlanta, GA 30341,2855 Shallowford RD NE
Atlanta, GA 30341,2855 Shallowford RD NE
Atlanta, GA 30341,2855 Shallowford RD NE
Atlanta, GA 30341,2855 Shallowford RD NE
Atlanta, GA 30341,2855 Shallowford RD NE
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Listed by John Novay • Ansley RE|Christie's Int'l RE
Bought with Kiara Velasco • Rudhil Companies, LLC

$449,500

$450,000

0.1%
Est.Price: ?

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Est. payment /mo

0.4 Acres Lot


SOLD DATE : 11/15/2023

Key Details

Sold Price $449,500

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Whispering Hills

MLS Listing ID 10196374

Sold Date 11/15/23

Construction Status Resale

HOA Y/N No

Year Built 1961

Annual Tax Amount $4,682

Tax Year 2022

Lot Size 0.400 Acres

Property Description

Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with a family room and kitchen. Recent improvements include two new driveways(a $6K improvement), one to each unit, and major renovations to unit 2855 in 2023 that include new electrical, new windows, renovated kitchen with new cabinets, new sink, countertops, refrigerator, new lvp flooring, new stove, new hot water heater, 4 new AC window units, renovated bathroom, refinished hardwoods, and furnace replacement in 2021. A new hot water heater was installed in unit 2853 in 2023.The property just recently appraised for $520K and the appraisal is available upon request. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Tenants are on a month-to-month rental. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2881 Shallowford Rd, and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.

Location

State GA

County Dekalb

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Exterior

Garage Parking Pad

Garage Spaces 3.0

Community Features Sidewalks

Utilities Available Other

Building

Story One

Sewer Public Sewer

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Dresden

Middle Schools Sequoyah

High Schools Cross Keys

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition As Is, Investor Owned, No Disclosure

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Georgia MLS (GAMLS)

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"REAL" Barkley-Romero

CEO | DRE# SA695240000 | DRE# 02100184

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