tomo logo

$800,000

Beds
8
Baths
5.0
sq ft
4,626

1192 Eastridge Rd SW, Atlanta, GA 30311

1192 Eastridge Rd SW

Atlanta, GA 30311

  • 100 days on market
    • Price drop $50,000↓
Welcome to an investor's dream property! Two unparallel opportunities under one roof. 1. For the Savvy, Investor, This remarkable home offers a spacious main level featuring a newly renovated and updated kitchen 3 bedrooms and 2 beautiful full bathrooms with a ton of living space. Additionally, the property includes three separate, fully-equipped apartments with full kitchens that ensure consistent rental income. Two of these apartments boast 2 bedrooms and 1 bath each, while the third is a cozy 1 bedroom, 1 bath unit. With all units consistently renting prior to listing, this property is a proven cash cow. Don't miss out on this exceptional investment opportunity! For the Savvy young professional; (Live in the home close to/or mortgage-free) in the heart of Atlanta as you take full advantage of the stout income-producing basement-level apartments that will surely take the majority or ALL of the stress off the mortgage payment with today's interest rates! Either option, ONE LUCKY BUYER will be walking into massive cash flow and instant equity!

Details

Property type

Single Family Residence

Est. home value

$260,785

Property condition

Updated/Remodeled

Lot size

0.30 acres

Price per sq ft

$173

Year built

1960

Annual property taxes

$4,476

Price History

08/06/2024
FMLS

FMLS #7402883

Price change
$800,000
-5.88%
06/28/2024
FMLS

FMLS #7402883

Listed
$850,000
+962.5%
06/19/2019
GeorgiaMLS

GeorgiaMLS #8577057

Sold
$80,000

Schools & Community

Neighborhood: 

Cascade Avenue-Road

Elementary school: 

Tuskegee Airman Global Academy

Middle school: 

Herman J. Russell West End Academy

High school: 

Booker T. Washington

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

Taylor Bean & Whitaker Mortgage Corp

Loan start date

April 2006

Original loan amount

$185,500

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Stand Alone Second, 30 year

Seller

Britton Bateman

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?

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Status: Active

Tomo last checked: 10/05/2024 at 10:00 PM

Listing updated: 08/16/2024 at 10:15 AM

Listed by: The Regan Maki Team, Ansley Real Estate | Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7402883

FMLS logo

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