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$262,000

Beds
6
Baths
3.0
sq ft
Unknown

109 Thirkield Ave SE, Atlanta, GA 30315

109 Thirkield Ave SE

Atlanta, GA 30315

  • 1 day on market
Rare, under $265k turnkey City of ATL Occupied PadSplit averaging over $3,200 per month gross income per month (after vacancies). Huge potential being less than 1 mi to under-construction Southside BeltLine Trail. Incredible location in South Atlanta, less than .5 mi from Community Grounds Cafe and Carver Neighborhood market so your tenants can walk to get their milk, eggs, coffee and other essentials. Home features granite countertops, stainless steel appliances, and Finished basement fully furnished with appliance and washer and dryer . Proximity to public transit, the BelLine, and the I75/I85 connector and I20 ensures great connectivity for occupants. Hold on to this one, get better cash flow than a normal rental OR move into one room as a savvy house hacker and have your roommates cover your mortgage. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.

Details

Property type

Single Family Residence

Est. home value

$241,338

Lot size

7,501 sq ft

Price per sq ft

Unknown

Year built

1989

Annual property taxes

$3,170

HOA

No

Price History

03/11/2025
FMLS

FMLS #7538864

Listed
$262,000
+38.62%
05/29/2024
FMLS

FMLS #7376903

Sold
$189,000
-2.58%
05/20/2024
FMLS

FMLS #7376903

Pending
$194,000

Schools & Community

Neighborhood: 

South Atlanta

Elementary school: 

Fulton - Other

Middle school: 

Fulton - Other

High school: 

Fulton - Other

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of North Ga

Loan start date

December 2003

Original loan amount

$141,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

Stand Alone Second, 20 year

Seller

A & J Investment Properties In

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/12/2025 at 3:35 PM

Listing updated: 03/12/2025 at 8:06 AM

Listed by: Nader Moghaddasi, Drake Realty of Greater Atlanta Phone #: (770) 565-2044

MLS: FMLS #7538864

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