Jordan Gallup

Advisor | License ID: 3334633

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$ 492,000

$ 499,000 1.4%

Est. payment -/mo

Sold on 12/18/2024

616 Moreland Atlanta, GA 30316

8,712 Sqft Lot

UPDATED:

Key Details

Sold Price $492,000

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision East Atlanta Village

MLS Listing ID 10376614

Sold Date 12/18/24

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1948

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 8712

Property Description

Charming Turn-Key Duplex in East Atlanta Village. Seize the chance to own this income-producing duplex located in the highly sought-after East Atlanta Village. This traditional brick bungalow is a true gem, offering a prime investment opportunity in one of Atlanta's hottest in-town neighborhoods. Nestled within walking distance to Brownwood Park, a variety of restaurants including Banshee, a vibrant food hall, and shops, this is an unbeatable location. It's perfect for investors looking for a seamless, turn-key rental property or a savvy homeowner wanting to live in one unit and rent the other. This duplex includes Unit A, which features a spacious layout with 3 bedrooms and 2 full baths, complete with separate front and side entrances. Unit B offers a cozy setup with 2 bedrooms and 1 bath, along with a separate living room. The interior of the property showcases beautiful hardwood floors, modern kitchens with updated cabinets and slate tile, newer appliances, and bathrooms enhanced with slate and subway tiles. The property also offers an inviting front porch, perfect for relaxation, with easy access to all the amenities and entertainment that East Atlanta Village has to offer. Parking is ample, with plenty of space and accessible through a back alley or the driveway on Moreland Ave. Units are side by side, and both units have private entrances and porch access, along with their own washer and dryer hookups, separate meters, and water paid by the landlord. Systems of the house are well maintained and with updated plumbing and sewer line in 2022, and a new vapor barrier in the crawlspace. Both units are currently rented with long term tenants, and the lease agreements will be transferred to the buyer at closing. Please be aware that all units are tenant-occupied; respect their privacy by not walking through the property. This duplex offers everything an investor or homeowner could desire: a prime location, a well-maintained property, great tenants, and a strong rental history. DonCOt miss out on this exceptional opportunity in East Atlanta Village!

Location

State GA

County Dekalb

Rooms

Basement Crawl Space

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Over 1 Space per Unit

Garage Spaces 5.0

Community Features None

Utilities Available Other

View Y/N No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Faces From I-20 to Moreland Ave, turn left into the driveway - For showings, in order to avoid blocking the tenants - please park on Emerson Ave or Pendleton St and take the sidewalk to the front of the Moreland Ave.

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

Elementary Schools Burgess-Peterson

Middle Schools King

High Schools Mh Jackson Jr

Others

HOA Fee Include None

Tax ID 15 176 04 051

Special Listing Condition Resale

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

GET MORE INFORMATION

616 Moreland Atlanta, GA 30316

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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616 Moreland