GA > Atlanta > Vine City
Atlanta, GA 30314,663 Magnolia ST NW
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Atlanta, GA 30314,663 Magnolia ST NW
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Jordan Gallup

Jordan Gallup

+1(904) 760-9393
Listed by Hillary Dukes • BHHS Georgia Properties
$ 295,000
Est. payment /mo
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Under Contract

663 Magnolia ST NW Atlanta, GA 30314

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Under Contract

Purchase Type For Sale

Subdivision Vine City

MLS Listing ID 10422057

Construction Status Resale

HOA Y/N No

Year Built 1998

Annual Tax Amount $4,168

Tax Year 2024

Lot Size 4,356 Sqft

Property Description

Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

Location

State GA

County Fulton

Rooms

Basement Full

Interior

Heating Natural Gas, Other

Cooling Central Air, Common

Fireplaces Number 1

Exterior

Parking Features Off Street

Community Features Walk To Public Transit, Walk To Schools, Walk To Shopping

Utilities Available Sewer Connected

Building

Story Two

Foundation Slab

Sewer Public Sewer

Level or Stories Two

Construction Status Resale

Schools

Elementary Schools Out Of Area

Middle Schools M R Hollis

High Schools Washington

Others

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition As Is, Investor Owned, No Disclosure, Rental

Georgia MLS (GAMLS)
© 2024 Georgia Multiple Listing Service. All Rights Reserved.

Jordan Gallup

Advisor | License ID: 3334633

+1(904) 760-9393

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663 Magnolia ST NW