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$325,000

Beds
8
Baths
3.0
sq ft
Unknown

165 Holly Rd NW, Atlanta, GA 30314

165 Holly Rd NW

Atlanta, GA 30314

  • 2 days on market
**Investment Opportunity in Atlanta – 165 Holly Road $600/room monthly rent** Located in the heart of Atlanta, 165 Holly Road offers a prime investment opportunity with an 8-bedroom, 3-bathroom layout. This spacious home has been successfully rented by the room at $600/month, creating steady rental income. Whether you continue the room rental model or explore other uses, this property promises strong cash flow potential. With 8 bedrooms and 3 bathrooms, it is ideal for shared living or as a room-by-room rental property, providing immediate return on investment. The home is ideally situated just minutes from key Atlanta attractions, making it a highly desirable rental property. Mercedes-Benz Stadium is just a short drive away, offering easy access to sports events and concerts. Centennial Olympic Park, with its outdoor activities and festivals, is also within minutes. The property is surrounded by a wide variety of dining, shopping, and entertainment options, all easily accessible. Convenient highway access ensures quick commutes and easy travel to the rest of the city, including Hartsfield-Jackson Atlanta International Airport. This property offers an unbeatable combination of size, location, and income potential in one of the nation’s most dynamic cities. Don't miss out on this lucrative investment—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$295,462

Lot size

6,299 sq ft

Price per sq ft

Unknown

Year built

1956

Annual property taxes

$4,749

HOA

No

Price History

01/31/2025
FMLS

FMLS #7516796

Listed
$325,000
-2.99%
01/30/2025
FMLS

FMLS #7491907

Removed
$335,000
01/22/2025
FMLS

FMLS #7491907

Price change
$335,000
-0.59%

Schools & Community

Neighborhood: 

Hunter Hills

Elementary school: 

F.L. Stanton

Middle school: 

John Lewis Invictus Academy/Harper-Archer

High school: 

Frederick 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

$27,946
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$271,054
Cash to seller
$27,946

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

July 2023

Original loan amount

$275,500

Est. remaining balance

$271,054

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Falilat Bunmi Hambolu

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: 02/02/2025 at 2:35 AM

Listing updated: 02/01/2025 at 10:52 AM

Listed by: David Ajayi, Keller Williams Realty West Atlanta Phone #: (470) 907-8266

MLS: FMLS #7516796

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