62 Chester Avenue Atlanta GA 30316, MLS# 392288145
Atlanta, GA 30316
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1920Year Built
- 0.05Acres
- MLS# 392288145
- Multifamily
- Duplex
- Active
- Approx Time on Market4 months, 4 days
- AreaN/A
- CountyFulton - GA
- Subdivision Reynoldstown
Overview
Rare Reynoldstown Duplex, steps from the Beltline & Krog Street Market. Back on Market due to no fault of seller. Unit A vacates Oct 31, 2024. Unit B - VACANT. This is the perfect opportunity to capture market value rents and/or transform the property as you wish! Units A & B are identical layouts with 1 bedroom / 1 bathroom & 540 square feet each for a total of 1080 SF (see floor plan image). Recent capital improvements ensure peace of mind for a stabilized income. These include a new roof, windows, exterior siding, paint and insulation, newer heating and air systems and new water heaters. Inside is tastefully done with newly installed red oak hardwood floors throughout, refreshed kitchens with newer appliances, newly tiled baths and updated light fixtures. Live on one side and rent the other, or rent out both sides for stable income in an appreciating location. Separately metered for electric & gas, one meter for water. Street Parking.
Association Fees / Info
Hoa: No
Community Features: Near Beltline, Near Public Transport
Bathroom Info
Building Info
Habitable Residence: No
Number of Units Total: 2
Exterior Features
Fence: Fenced, Front Yard, Wood
Pool Private: No
County: Fulton - GA
Acres: 0.05
Financial
Original Price: $568,000
Owner Financing: No
Cap Rate: 4.5
Gross Income: 39,000
Garage / Parking
Parking Features: None
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Carbon Monoxide Detector(s)
Levels: One
Lot Info
Lot Size Source: Assessor
Lot Features: Rectangular Lot
Lot Size: 25 x 95
Misc
Property Attached: No
Home Warranty: No
Open House
Other
Property Info
Construction Materials: HardiPlank Type
Year Built: 1,920
Property Condition: Resale
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: No
Special Features
Green Features: Insulation, Windows
Special Listing Conditions: None
Special Circumstances: Investor Owned
Tax Info
Tax Amount Annual: 7301
Tax Year: 2,023
Tax Parcel Letter: 14-0013-0001-046-8
Unit Info
Utilities / Hvac
Cool System: Central Air, Electric
Heating: Central
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
Reynoldstown neighborhood, nearest intersection is Wylie St & Chester Ave. - Street ParkingListing Provided courtesy of Bolst, Inc.
MLS# 409913225 
