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2835 3rd Avenue SW, Atlanta, GA 30315
$525,000
2835 3rd Avenue SW, Atlanta, GA 30315View this property at 2835 3rd Avenue SW, Atlanta, GA 30315
2835 3rd Avenue SWAtlantaGA30315
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Property Description
New hot investment listing in Atlanta!!! I have an exceptional opportunity for investors looking to enhance their portfolios with a high-yield property. This property is strategically located only 8 minutes from Atlanta Airport and close to the Porsche Experience Center, Lakewood Amphitheatre, and Downtown Atlanta, making it a highly desirable area for renters or short-term guests. This renovated duplex includes two units, each with 3 bedrooms and 2 bathrooms. The proximity to major attractions and essentials contributes to its appeal. Both units are currently occupied by tenants who each pay $2,600, offering a steady cash flow. The duplex was initially utilized as an Airbnb, indicating its versatility for either long-term leasing or short-term hosting. **Investment Highlights**: Sold Partially furnished, allowing for immediate rental upon purchase, with the flexibility of continuing with the existing tenants or transitioning to new ones. The fact that it's being marketed as the "best income producing listing in Atlanta" suggests strong rental demand and profitability. Interested parties must contact the agent to arrange a showing, providing at least a two-hour notice. Initial viewings are restricted to the common areas until a contract is accepted, after which more thorough inspections of the living spaces can be conducted. Potential buyers are advised not to disturb the current tenants, respecting their privacy and comfort. Overall, this property seems ideally suited for investors focused on immediate cash flow and long-term value in a vibrant and growing part of Atlanta.
Full Property Details
Full Property Details for 2835 3rd Ave SW
General
- Price: $525,000
- Taxes: $5,405 (2023)
- Status: Under Contract
- Type: Duplex
- MLS ID: 10290141
- Updated: 5/7/2024
- Added to Site: 15 day(s) ago
Parking
- Parking Features: Over 1 Space per Unit
Location
- County: Fulton
- Driving Directions: Take I-75 SOUTH TO CLEVELAND AVE TURN RIGHT ONTO CLEVELAND AVE. TURN LEFT ONTO THIRD AVENUE
School Information
- Elementary School: Hutchinson
- Middle School: Long
- High School: South Atlanta
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Central, Natural Gas
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Updated/Remodeled
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.33
- Lot Size Range: .33
- Lot Size Source: Owner
Financial Considerations
- Tax Amount: $5,405.4
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Compensation Comments: commission is reduced to 1% to buyer brokerage if listing agent show your client the home
- Special Conditions: Investor-Owned, Rental
- Block: 7
- Lot Number: 93
Listing Courtesy of: Massiah Real Estate Group
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Schools
Schools serving 2835 3rd Ave SW
School District:Atlanta Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
650 Cleveland Ave Sw, Atlanta, GA 30315 | PK-5 | 0.4 mi | |
3200 Latona Dr Se, Atlanta, GA 30354 | 6-8 | 0.9 mi | |
800 Hutchens Rd Se, Atlanta, GA 30354 | 9-12 | 2.4 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 2835 3rd Ave SW
Date
Details
Price
Change
Source
4/30/2024
Listed
$525,000
2692.55%
MLS
7/22/2011
Sold
$18,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2835 3rd Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,465
16%
$132,000
16%
2022
$4,731
22%
$114,280
37%
2021
$3,878
—
$83,680
16%
2021
$3,878
67%
$72,080
28%
2019
$2,316
261%
$56,360
264%
2018
$641
—
$15,480
4%
2017
$643
—
$14,880
—
2016
$644
—
$14,880
—
2015
$646
-4%
$14,880
—
2014
$675
103%
$14,880
98%
2012
$333
—
$7,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2835 3rd Ave SW
2835 3rd Avenue SW, Atlanta, GA 30315 (MLS# 10290141) is a Duplex property with 0 bedrooms and 0 full bathrooms. 2835 3rd Avenue SW is currently listed for $525,000 and was received on April 30, 2024. Want to learn more about 2835 3rd Avenue SW? Do you have questions about finding other Duplex real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.