GA
Fulton
Atlanta
30314
879 Parsons SW Street
879 Parsons SW Street, Atlanta, GA 30314
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Listing Type
Single Family
Listing Status
Active
43
$1,000,000

Home Details for 879 Parsons SW Street

Price
$1,000,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2010
Lot size acres
0.1
County
Fulton
Garage
6
Basement
Full
Days on site
2
MLS Listing#
10686695
Property Description

Offered at $1,000,000 with current CAP rate of 9.85 % and potential CAP rate of 11.35%!, this 14-unit property boasts a potential annual gross income of $159,600.00. 100% occupancy! It's a perfect 1031 exchange candidate, DSCR loan or even for a first time investment with a commercial conventional loan. Specifically built in 2010 for student housing, it includes Side A and Side B, each with 7 rooms, 6 bathrooms, and full kitchens, plus private bathrooms in 10 units. Key features include new HVAC, water heaters, keyless entry, and close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Units B2, B3, A1, A3 have shared bathrooms, the rest have their own private bathrooms. 2 shared kitchens & 2 shared laundry sets/areas per side. Do not miss this immediate strong cash flow.

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Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Public
  • Utilities
    • Other
  • Parking
    • Off Street
  • Basement
    • Full
School Information
School Information for 879 Parsons SW Street, Atlanta, GA 30314
Elementary School
Jones
Middle School
Herman J. Russell
High School
Washington
Listing Courtesy: Keller Williams Realty Buckhead - 404-604-3800
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Median Listing Price
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Market statistics compiled from data from Georgia MLS.
EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
Office
678 424 8300
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