tomo logo

$425,000

Beds
5
Baths
2.5
sq ft
1,563

945 Smith St SW, Atlanta, GA 30310

945 Smith St SW

Atlanta, GA 30310

  • 19 days on market
Turnkey 5-bedroom, 2.5-bath PadSplit in Pittsburgh with strong cash flow and appreciation potential! This well-managed, two-story home has been operating since June 2024, averaging $4,600+ per month in gross rents. Features include a spacious suite with a private bath, a large open kitchen, a communal dining area, and a lounge. Investors can boost income further by converting the dining area into a 6th bedroom. Located in a high-growth area with easy MARTA access, this turnkey investment offers both steady cash flow and long-term upside. Google "PadSplit" or call the listing agent to learn more about the platform

Details

Property type

Single Family Residence

Est. home value

$377,256

Lot size

2,570 sq ft

Price per sq ft

$272

Year built

1920

Annual property taxes

$5,312

HOA

No

Price History

03/12/2025
FMLS

FMLS #7540300

Listed
$425,000
-0.85%
02/23/2024
FMLS

FMLS #7311705

Sold
$428,652
-0.31%
02/07/2024
FMLS

FMLS #7311705

Pending
$430,000

Schools & Community

Neighborhood: 

Pittsburgh

Elementary school: 

Charles L. Gideons

Middle school: 

Sylvan Hills

High school: 

G.W. Carver

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

$137,529
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$253,471
Cash to seller
$137,529

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

Seller’s Loan History

Lender

Caliber Home Loans

Loan start date

February 2022

Original loan amount

$271,150

Est. remaining balance

$253,471

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Raymond Alphanso Richards

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: 03/31/2025 at 8:40 AM

Listing updated: 03/14/2025 at 8:06 AM

Listed by: Josh Stanton, Keller Williams Realty Metro Atlanta Phone #: (404) 564-5560

MLS: FMLS #7540300

FMLS logo

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