963 Saint Charles Avenue Atlanta GA 30306, MLS# 410597508
Atlanta, GA 30306
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1920Year Built
- 0.21Acres
- MLS# 410597508
- Multifamily
- Quadruplex
- Active
- Approx Time on Market2 days
- AreaN/A
- CountyFulton - GA
- Subdivision Virginia Highland
Overview
This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a new roof installed in February 2021 and all appliances in Units 1 and 3 replaced in 2021. Units 2 and 4 come fully furnished, making them turnkey for short-term rental use. Additionally, the property offers shared laundry facilities, two parking spaces behind the house with alley access, and additional parking in the front driveway. The location is unbeatable, with easy access to the Beltline, Virginia Highland Village, and key grocery stores like Publix, Whole Foods, and Trader Joe's. With a combination of long-term and short-term rentals, this property is a great opportunity for steady cash flow and long-term investment in a highly sought-after area.
Association Fees / Info
Hoa: No
Community Features: Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks, Street Lights
Bathroom Info
Building Info
Habitable Residence: No
Number of Units Total: 4
Exterior Features
Fence: Back Yard, Fenced
Pool Private: No
County: Fulton - GA
Acres: 0.21
Financial
Original Price: $1,400,000
Operating Expense: 23316
Net Operating Income: 98,684
Owner Financing: No
Gross Income: 12,200
Garage / Parking
Parking Features: Driveway, Varies by Unit
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: None
Levels: Two
Lot Info
Lot Size Source: Public Records
Lot Features: Level, Private
Lot Size: x
Misc
Property Attached: No
Home Warranty: No
Open House
Other
Property Info
Construction Materials: Brick 3 Sides, Frame
Year Built: 1,920
Property Condition: Resale
Roof: Ridge Vents, Shingle
Property Type: Residential Income
Rental Info
Land Lease: No
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: None
Tax Info
Tax Amount Annual: 11348
Tax Year: 2,023
Tax Parcel Letter: 14-0016-0007-017-0
Unit Info
Utilities / Hvac
Cool System: Central Air, Multi Units, Wall Unit(s)
Heating: Central, Forced Air, Natural Gas
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
GPS please park on the Street.Listing Provided courtesy of Ansley Real Estate| Christie's International Real Estate
MLS# 409155932