Active

2071 Defoors Ferry Road NW

Atlanta GA, 30318

$1,400,000


Active

Multi-family

Built in 1992

Prime investment opportunity in Buckhead! What an incredible opportunity to own multi-family housing in the Buckhead market! Already bringing in over $80,000 per year. Each unit is 1100 square feet with an additional storage
room in the basement/carport area. The storage area is massive! Could
easily convert to an office space if needed, but its currently excellent
for storage which is impossible to find with the larger apartment
complexes nearby. Out of the 4 units, one tenant has been in the property
for 4 years and another is coming up on their 4th year.
Although the property brings in over $80,000/year, if
all 4 of the units were collecting "market rate", there is strong belief that the yearly income can get above
$100,000 in the next 2-3 years.
Please call anytime, and feel free to drive by, but
do not disturb the tenants! Fully occupied.

7344909

MLS ID

February 28, 2024

Listed

May 9, 2024

Updated

Map

2071 Defoors Ferry Road NW
Atlanta GA, 30318

Interior Features

Total Stories

3


Floor Description

Carpet, Hardwood, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air


Heating

Yes


Heating Description

Baseboard, Central, Electric

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Corner Lot, Level


Roof

Composition, Shingle


Sewer

Public Sewer

School Information

High School

North Atlanta


Elementary School

Morris Brandon

Other Property Details

Taxes

$6,808


Tax Frequency

Annually


Days on Market

27


Garage

No


Parking

Attached, Carport, Parking Lot, Paved


Parking Total

9


View

Yes


View Description

City


County

Fulton - GA


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

Green Building Features

Green Features

None

Listing History

Date

Event

Price

4/10/2024

Price Change

$1,400,000

-4%

3/24/2024

Active

3/20/2024

Pending

3/13/2024

Under Contract

Listed by Ryan Hagan with EXP Realty, LLC. 888-959-9461

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Data last updated 1:59 AM UTC, 5/9/2024

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