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$380,000

Beds
Unknown
sq ft
Unknown

1458 Akridge St NW, Atlanta, GA 30314

1458 Akridge St NW

Atlanta, GA 30314

  • 9 days on market
Prime Investment Opportunity in Atlanta with Dual Income Streams! Located in the heart of Atlanta at 1458 Akridge St NW, this property features two fully rented units-a primary residence and ADU-generating a total gross monthly rent of $3,210. With rent secured through the Atlanta Housing Authority, investors can enjoy reliable, consistent income backed by a steady payment source. Please do not disturb the tenant-showings will be scheduled during the due diligence period to respect their privacy. The seller has never lived in the property.

Details

Property type

Est. home value

$223,469

Property condition

Updated/Remodeled

Lot size

7,318 sq ft

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$1,233.62

Price History

11/11/2024
GeorgiaMLS

GeorgiaMLS #10411199

Listed
$380,000
+3354.55%
05/15/2009
FMLS

FMLS #3869257

Sold
$11,000

Schools & Community

Neighborhood: 

Hunter Hills

Elementary school: 

F L Stanton

Middle school: 

J. L. Invictus Academy

High school: 

Douglass

Community features: 

None

Negotiation Insights

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

Seller could get up to

$293,573
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$56,027
Cash to seller
$293,573

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Hm Mtg Inc

Loan start date

April 2004

Original loan amount

$112,000

Est. remaining balance

$56,027

Interest rate

5.41%

Loan type

New Conventional, 30 year

Seller

Hardington, Briggette B

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: 11/20/2024 at 1:20 AM

Listing updated: 11/11/2024 at 1:07 PM

Listed by: Nini Le, Real Broker LLC

MLS: GeorgiaMLS #10411199

GeorgiaMLS logo

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