2150 WADLEY ST NW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Lawn Heights
MLS Listing ID 10628790
HOA Y/N No
Year Built 1956
Annual Tax Amount $3,286
Tax Year 2023
Lot Size 0.266 Acres
Acres 0.266
Lot Dimensions 11586.96
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
This Income-Generating Duplex is a must-see! With Zero Deferred Maintenance and $3796 per month in rental income, this turn key investment is ideal for both new and experienced investors. This property is part of a portfolio sale including 3 additional duplexes (2001 Lois Place NW, 2054 Joseph E Boone Blvd NW and 308 Anderson Ave NW). Each duplex is priced at $530,000 and is fully occupied. Seller also has a completely renovated 8 unit apartment complex at 2150 Wadley Street NW listed for $1.7M. Purchase any of these properties alone or acquire the entire portfolio for maximum cash flow! Call Lee Gillespy to schedule a showing or to get more information. These properties won't last long! Welcome to this completely renovated 8 unit apartment complex. This is a prime investment opportunity offering new modern living. Each of the 8 units features 2 spacious bedrooms and a stylishly appointed bathroom, all completely renovated to meet contemporary standards. 3 of the 8 units will be leased by February 7, 2025 at $1,250 per month with 1 year leases. The rest of the 5 units are approved to be leased at $1595 per month. Each tenant the pays their own power bill. All apartments have new vinyl flooring, new kitchen cabinetry, granite countertops that offer both durability and a sleek aesthetic. The kitchens are also equipped with new stainless steel refrigerators, ovens, dishwashers and microwaves, providing a modern look and a maintenance free experience for residents. All bedrooms have new carpeting in each offering both durability and comfort. Every unit also includes a stackable washer and dryer, adding a level of convenience that is sure to attract quality tenants. This property presents a seamless investment opportunity. Don't miss the chance to own a fully renovated, income-generating property that combines modern amenities with excellent tenant appeal. Showings by Appointment Only
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Central
Cooling Central Air,Electric
Fireplace No
Exterior
Parking Features Off Street
Community Features None
Utilities Available Other
View Y/N No
Garage No
Private Pool No
Building
Faces GPS- Use 150 Wadley Street
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Usher
Middle Schools J. L. Invictus Academy
High Schools Douglass
Others
HOA Fee Include None
Tax ID 14 018000030455
Special Listing Condition Updated/Remodeled