tomo logo

$1,195,000

Beds
9
Baths
5.0
sq ft
4,132

784 Briarcliff Rd NE, Atlanta, GA 30306

784 Briarcliff Rd NE

Atlanta, GA 30306

  • 70 days on market
    • Price drop $40,000↓
PLEASE DO NOT DISTURB RESIDENTS - SHOWINGS & INSPECTIONS WILL BE SCHEDULED AFTER THE PARTIES ARE UNDER CONTRACT - PLEASE DO NOT VISIT THE PROPERTY WITHOUT AN APPOINTMENT. Stately 1930 Atkins Park/Virginia Highland Triplex with two newly renovated terrace level apartments. All three units are very well maintained and currently leased with great rental income. Many original architectural accents in the main part of the home - elegant foyer stairs, beautiful French doors to the large Living Room, Dining Room and morning porch, the original butler's pantry in the breakfast area of the expanded kitchen. One bedroom and bath on the main level with 4/2 and laundry upstairs (i.e., 5 bedrooms & 3 baths in main house unit). Light and bright with many windows. Updated Kitchen with new granite counter tops (and new granite counter tops in upstairs bathrooms). Two fully renovated modern terrace level apartments (2/1 and 1/1) with a separate side entrance and shared W/D and common storage. Plenty of parking in front for main home residents and in the rear accessed by an alley off St Louis Place for the terrace level apartments. Amazing location with easy walk to Virginia Highland/Atkins Park shops and restaurants. Close to Emory, the Beltline, and the linear parks of Druid Hills. BUYERS: Please DO NOT walk the property or approach the tenants for any reason. No showings until Due Diligence. This is the exceptional turnkey rental property you have been waiting for! Or live in the main house and rent out the terrace level apartments for extra income! The main house lease can be terminated with notice to the tenant for a buyer/occupant. Please contact listing agent for details. Thank you for looking.

Details

Property type

Est. home value

$1,277,483

Lot size

8,712 sq ft

Price per sq ft

$290

Year built

1930

Annual property taxes

$17,553.06

Price History

09/18/2024
GeorgiaMLS

GeorgiaMLS #10336429

Price change
$1,195,000
-3.24%
09/10/2024
GeorgiaMLS

GeorgiaMLS #10336429

Removed
$1,235,000
08/18/2024
GeorgiaMLS

GeorgiaMLS #10336429

Listed
$1,235,000

Schools & Community

Neighborhood: 

Atkins Park

Elementary school: 

Springdale Park

Middle school: 

David T Howard

High school: 

Midtown

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

Innovative Capital Advisors

Loan start date

November 2020

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

2.4%

Loan type

Commercial, 10 year

Seller

Sga Multifamily Jhl Llc and Sga Multifamily Ael Llc Etal

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: 09/19/2024 at 12:25 PM

Listing updated: 09/18/2024 at 10:01 AM

Listed by: John C. Lantz, Realty Hub of Georgia, LLC

MLS: GeorgiaMLS #10336429

GeorgiaMLS logo

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