REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Apr

Mon

Apr

Tue

Apr

Lynnsey McCarter

lynnsey.mccarter@evatlanta.com +1(252) 412-7455

$ 315,000

Est. payment -/mo

Save

New

768 Grant Terrace Atlanta, GA 30315

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Summerhill

MLS Listing ID 7553146

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1991

Annual Tax Amount $4,259

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Other

Property Description

Not only does this rental property cash-flow at the asking price, it is located in a well established "A" neighborhood AND there are multiple ways to SIGNIFICANTLY increase your returns on this investment. Currently stabilized with a long-term AHA tenant in place at $2310/month & has the potential for higher rents should certain upgrades be installed. A large, level lot zoned R-5 would allow you to build an ADU and DOUBLE the monthly gross income OR you could scrape the lot and build a large, brand new single family home or duplex and easily sell for upwards of $800,000 +. Summerhill is an incredibly popular, hip neighborhood with high-level amenities within walking distance along Georgia Ave. Walkable to the Beltline, Grant Park, The Beacon, GSU and so much more! Instant access to 75/85 & I-20. Minutes from downtown, 20 minutes to the airport, 20 minutes to Buckhead, 20 minutes to Decatur Square. Close to all of Atlanta's hottest neighborhoods! This is a PRIME piece of Real Estate with multiple ways to maximize returns!

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features None

Exterior

Parking Features Driveway

Fence None

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Other

New Construction No

Construction Status Resale

Schools

Elementary Schools Parkside

Middle Schools Martin L. King Jr.

High Schools Maynard Jackson

Others

Senior Community no

Tax ID 14 005400060828

Special Listing Condition None

Listed by EXP Realty, LLC.

Lynnsey McCarter

Real Estate Advisor

+1(252) 412-7455