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3116 Delmar Lane NW, Atlanta, GA 30311
$309,000
3116 Delmar Lane NW, Atlanta, GA 30311View this property at 3116 Delmar Lane NW, Atlanta, GA 30311
3116 Delmar Lane NWAtlantaGA30311
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Property Description
Calling all Investors looking for immediate Cash Flow! This 7- bedroom 4-bathroom home is currently occupied and generating monthly cash flow. With a potential NOI of over $36,000 / year, it's the right one to add to your portfolio. Recently renovated with new flooring, fresh interior paint, and hardwood floors. Currently rents as an Eldercare Home , so take advantage of the opportunity to earn monthly passive income. Close to the airport and downtown Atlanta. Only showing during due diligence. Do not disturb tenants.
Full Property Details
Full Property Details for 3116 Delmar Ln NW
General
- Price: $309,000
- Taxes: $2,911 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 10290318
- Updated: 5/15/2024
- Added to Site: 23 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Parking Features: Off-Street
Location
- County: Fulton
- Driving Directions: GPS Friendly
School Information
- Elementary School: Cascade
- Middle School: J. L. Invictus Academy
- High School: Douglass
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Public Sewer
- Utility Description: Other
Structural Information
- Construction Status: Resale
- Basement Desc.: None
- Stories/Levels: Two
- Year Built: 1962
Unit Information
Unit 1
- Unit Description: Refrigerator, Smoke/Fire Alarm
- Square Feet: 925
- Total Bathrooms: 4
- Bedrooms: 7
Lot Features
- Lot Size (Acres): 0.172
- Lot Size Range: .172
- Lot Size Source: Public Records
Water Features
- Water Front Name: None
Financial Considerations
- Tax Amount: $2,911
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Investor-Owned, No Disclosure
Listing Courtesy of: Re/Max Legends
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Schools
Schools serving 3116 Delmar Ln NW
School District:Atlanta Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Harper - Archer Elementary School
3399 Collier Dr Nw, Atlanta, GA 30331 | PK-5 | 1.1 mi | |
1890 Donald Lee Hollowell Pkwy, Atlanta, GA 30318 | 6-8 | 2.7 mi | |
Frederick Douglass High School 9th Grade Steam Academy
101 Hemphill School Rd, Atlanta, GA 30331 | 9-9 | 0.7 mi | |
225 Hamilton E Holmes Dr Nw, Atlanta, GA 30318 | 10-12 | 1.3 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 3116 Delmar Ln NW
Date
Details
Price
Change
Source
4/30/2024
Listed
$309,000
200%
MLS
6/11/2021
Sold
$103,000
—
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 3116 Delmar Ln NW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,943
77%
$71,080
77%
2022
$1,666
114%
$40,240
3%
2021
$777
—
$39,040
30%
2021
$777
205%
$30,000
31%
2019
$255
650%
$22,880
44%
2018
$34
-87%
$15,920
155%
2017
$270
33%
$6,240
33%
2016
$203
—
$4,680
—
2015
$203
-4%
$4,680
—
2014
$212
-10%
$4,680
—
2012
$235
—
$4,680
—
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 3116 Delmar Ln NW
3116 Delmar Lane NW, Atlanta, GA 30311 (MLS# 10290318) is a Multi-Family property with 1 unit containing 7 bedrooms and 0 full bathrooms. 3116 Delmar Lane NW is currently listed for $309,000 and was received on April 30, 2024. Want to learn more about 3116 Delmar Lane NW? Do you have questions about finding other Multi-Family real estate for sale in Atlanta? You can browse all Atlanta real estate or contact a Coldwell Banker agent to request more information.