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2215 Penelope Street NW

Atlanta, GA 30314
  • $249,700
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 10148954
UPDATED: 35 min ago
$249,700
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Charming ranch bungalow in the heart of it all! Picturesque home with backyard and surrounded by new construction and newly renovated homes! Buy now and immediately receive passive income. The area is appreciating rapidly. Walk to parks, Marta; just minutes to The Bellwood Quarry, The Proctor Creek Trail, Westside Reservoir Park. Property was updated under 2 years ago and the bathroom was recently remodeled. This property an immediate win for a seasoned or newer investor/s alike as tenants want to stay and have been living there around 10 years each. Currently rented to "Housing Choice Voucher" recipients. Next door home is also for sale (2231 Penelope St.) Rare opportunity to own a strong cash flowing portfolio with appreciating assets. Gross Annual rent is $13,968 or $1164/month via Section 8 tenants/Atlanta Housing Authority, though could rent for more- Seller waiting on approval for rent increase to $2225 and will provide all HAP contracts, leases, etc. as needed. ****DO NOT DISTURB TENANTS OR KNOCK ON DOOR/S. *** See pictures and video and slideshow links to follow. Showings will be conducted once terms are agreed to during Buyer's due diligence period. No SellerCOs Disclosure as Owner is Investor that never lived in the property. Don't snooze on this opportunity!

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Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Crest Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Crest Realty. Data last updated: 2023-06-07T09:05:43.433.
www.crestrealtygafl.com/homes/138533803
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2215 Penelope Street NW Atlanta, GA 30314

  • Price: $249,700
  • Status: Active
  • On Site: 54 Days
  • Updated: 35 min ago
  • MLS #: 10148954
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1950
Built
Neighborhood:
Dixie Hills
County:
Fulton
Area:
ATLANTA
Elementary School:
Other
Middle School:
J. L. Invictus Academy
High School:
Douglass
Property Description
Charming ranch bungalow in the heart of it all! Picturesque home with backyard and surrounded by new construction and newly renovated homes! Buy now and immediately receive passive income. The area is appreciating rapidly. Walk to parks, Marta; just minutes to The Bellwood Quarry, The Proctor Creek Trail, Westside Reservoir Park. Property was updated under 2 years ago and the bathroom was recently remodeled. This property an immediate win for a seasoned or newer investor/s alike as tenants want to stay and have been living there around 10 years each. Currently rented to "Housing Choice Voucher" recipients. Next door home is also for sale (2231 Penelope St.) Rare opportunity to own a strong cash flowing portfolio with appreciating assets. Gross Annual rent is $13,968 or $1164/month via Section 8 tenants/Atlanta Housing Authority, though could rent for more- Seller waiting on approval for rent increase to $2225 and will provide all HAP contracts, leases, etc. as needed. ****DO NOT DISTURB TENANTS OR KNOCK ON DOOR/S. *** See pictures and video and slideshow links to follow. Showings will be conducted once terms are agreed to during Buyer's due diligence period. No SellerCOs Disclosure as Owner is Investor that never lived in the property. Don't snooze on this opportunity!
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Aluminum SidingVinyl Siding Foundation Details Block Garage YN No Levels One Lot Size Area 8886.24 Lot Size Source Public Records Lot Size Units Square Feet Open Parking YN Yes Parking Features Kitchen LevelOff StreetParking PadSide/Rear Entrance Parking Total 0

Interior Features

Above Grade Finished Area Units Square Feet Basement Crawl Space Below Grade Finished Area Units Square Feet Building Area Units Square Feet Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating CentralNatural Gas Heating YN Yes Living Area Units Square Feet

Property Features

Association Fee 0 Association Fee Includes None Association YN No Community Features None District 05 Es Bus Yn Yes Gross Income 0 Hs Bus Yn Yes Land Lot 4 Ms Bus Yn Yes New Construction YN No Property Condition Resale Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Agent OwnedAs IsInvestor OwnedNo Disclosure Structure Type House Tax Annual Amount 1546 Tax Year 2022 Utilities Underground Utilities Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Homesmart: 404-876-4901. © 2023 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2023 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Crest Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Crest Realty. Data last updated: 2023-06-07T09:05:43.433.
 
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