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963 Moreland Avenue SE Atlanta GA 30316 | 10001403

963 Moreland Avenue SE
Atlanta, GA, 30316
$599,900
6 Beds
4 Baths
2,029 SqFt
9975.24 Acres
A high-performance turnkey 8% cap income-producing property generating over $71,000 in rent annually, $47,000 after expenses. This is a dream house hacking scenario for a savvy homeowner as well! A seasoned PadSplit, this 2,029 sq ft property occupies a prime ITP location in Ormewood Park and was completely renovated in 2020. An outstanding location less than a mile from East Atlanta Village and the BeltLine, on a major arterial road with ample off-street parking accessible via a rear alley, and steps away from public transportation.This home is sold with a master lease to a corporate tenant with over 12 years of experience owning and operating assets like this. An experienced third-party property manager is also available, making this property ideal for any investor, no matter their capacity.

Property Details

Price:
$599,900
MLS #:
10001403
Status:
Active
Beds:
6
Baths:
4.00
Address:
963 Moreland Avenue SE
Type:
Single Family
City:
Atlanta
Listed Date:
Nov 11, 2021
State:
GA
Square Ft (approx):
2,029
ZIP:
30316
Subdivision:
Ormewood Park
Lot Size:
9,975 sqft / 9,975.24 acres (approx)
Year Built:
1925
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Schools

Elementary School:
Parkside
Middle School:
King
High School:
MH Jackson Jr

Interior

Appliances
Dryer, Washer, Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Flooring
Hardwood
Heating
Natural Gas, Forced Air
Laundry Features
Common Area

Exterior

Architectural Style
Bungalow/ Cottage, Craftsman
Community Features
Sidewalks, Street Lights, Walk To Schools, Near Shopping
Construction Materials
Vinyl Siding
Parking Features
None
Roof
Metal

Financial

Tax Year
2020
Taxes
3,660

Map

Community

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963 Moreland Avenue SE
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