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$160,000

Beds
2
Baths
1.0
sq ft
Unknown

561 Commercial Ave NW, Atlanta, GA 30318

561 Commercial Ave NW

Atlanta, GA 30318

  • 20 days on market
Charming 2-Bedroom Gem Near Downtown Atlanta! Nestled just minutes from the heart of the city, this cozy 2-bedroom, 1-bath home offers the perfect blend of convenience, comfort, and opportunity. Whether you're a first-time buyer seeking a starter home or an investor looking for a solid addition to your portfolio, this property has it all! Step inside this well-maintained home featuring a functional layout and welcoming ambiance. The spacious lot offers endless potential with a large backyard perfect for gardening, outdoor gatherings, or future expansion. For investors, a reliable tenant is already in place and willing to stay, providing immediate rental income. For owner-occupants, the home will be delivered vacant, ready for you to make it your own. Priced conservatively to sell quickly, this is an opportunity you don't want to miss!

Details

Property type

Single Family Residence

Est. home value

$205,402

Lot size

7,492 sq ft

Price per sq ft

Unknown

Year built

1945

Annual property taxes

$3,358

Price History

01/02/2025
GeorgiaMLS

GeorgiaMLS #10433112

Price change
$160,000
+146.15%
01/02/2025
GeorgiaMLS

GeorgiaMLS #10433112

Listed
$65,000
+8.33%
07/19/2019
FMLS

FMLS #6516701

Sold
$60,000

Schools & Community

Neighborhood: 

Center Hill

Elementary school: 

Harper-Archer

Middle school: 

King

High school: 

Douglass

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

Civic Financial Services

Loan start date

June 2020

Original loan amount

$105,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Commercial, 30 year

Seller

Huti Llc

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: 01/22/2025 at 8:00 AM

Listing updated: 01/09/2025 at 9:07 PM

Listed by: Daren Hall, Hallway Realty

MLS: GeorgiaMLS #10433112

GeorgiaMLS logo

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