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1812 Glenview Drive SW, Atlanta, GA 30331
$270,000
1812 Glenview Drive SW, Atlanta, GA 30331View this property at 1812 Glenview Drive SW, Atlanta, GA 30331
1812 Glenview Drive SWAtlantaGA30331
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Property Description
Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution.
Full Property Details
Full Property Details for 1812 Glenview Dr SW
General
- Sold For: $270,000
- Taxes: $1,659 (2023)
- Status: Closed
- Type: Single Family
- MLS ID: 10244894
- Added to Site: 124 day(s) ago
Interior
- Rooms/Areas: Laundry
- Interior Features: Roommate Plan
- Appliances: Dishwasher
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 8
- Bedrooms Upper: 3
- Bedrooms Lower: 2
- Bedrooms-Up1: 3
- Bedrooms Main: 3
- Bedrooms-Dn1: 2
Other Rooms
- Kitchen: Breakfast Area
- Laundry: Laundry Closet
Parking
- Parking Features: Carport
Location
- County: Fulton
- Driving Directions: Take 75/85 S to I-20 South. You will exit onto Cascade Rd in South Fulton. You will then take FairburnRd SW and Ingledale Dr SW to Glenview Dr SW. 1812 will be on the right hand side of the road.
School Information
- Elementary School: Fickett
- Middle School: Bunche
- High School: Therrell
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas, Forced Air
Utilities
- Water/Sewer: Public Sewer
Structural Information
- Architectural Style: Brick 4 Side, Ranch
- Construction Status: Resale
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: Multi/Split
- Living Area: 2,338 Sq. Ft.
- Finished Total: 2,338 Sq. Ft.
- Finished Above Grnd: 2,338 Sq. Ft.
- Year Built: 1960
Lot Features
- Property View: City
- Lot Size (Acres): 0.452
- Lot Size Range: .452
- Lot Size Source: Public Records
- Lot Description: City Lot
Water Features
- Water Front Name: None
Financial Considerations
- Tax Amount: $1,659
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Block: F
- Lot Number: 250
Listing Courtesy of: Keller Williams Realty
Sold by LOCAL Realty
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Schools
Schools serving 1812 Glenview Dr SW
School District:Atlanta Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3935 Rux Rd Sw, Atlanta, GA 30331 | PK-5 | 1.2 mi | |
1925 Niskey Lake Rd Sw, Atlanta, GA 30331 | 6-8 | 1.8 mi | |
3099 Panther Trl Sw, Atlanta, GA 30311 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1812 Glenview Dr SW
Date
Details
Price
Change
Source
3/19/2024
Sold
$270,000
0.37%
MLS
1/22/2024
Listed
$269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1812 Glenview Drive SW, Atlanta, GA 30331 (MLS# 10244894) is a Single Family property that was sold at $270,000 on March 19, 2024. Want to learn more about 1812 Glenview Drive SW? Do you have questions about finding other Single Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.