1371 Clermont Ave, Atlanta, GA 30344
6 Unit Apartment Building | $1,190,800 ($198,467/Unit) | 7% Cap Rate | Atlanta, GA 30344
For Sale
Active
44 pictures
Asking Price $1,190,800
- Sale Condition
- 1031 Exchange
- Property Type
-
Multifamily
- Square Feet
- 3,000 SF
Listing Contacts
Igor Arkhipov
- Property Info
Property Overview
Turnkey Investment Opportunity in East Point, GA. Welcome to a remarkable investment opportunity in the sought-after community of East Point, Georgia. This transaction includes three properties: 1366, 1370, and 1371 Clermont Ave. Property Overview: * 1366 Clermont Ave.: Two units, one with 3 bedrooms and 1 bathroom unit and one with 2 bedroom and one bath unit. Plus stand alone one bedroom and one bath unit* 1370 Clermont Ave.: Two units, each with 2 bedrooms and 1 bathroom, sharing a private parking lot and on-site laundry with 1366 Clermont Ave.* 1371 Clermont Ave.: 4-bedroom house featuring 3 full bathrooms and 1 half bath. Each unit has been thoughtfully renovated within the past decade, ensuring modern amenities and updated interiors. The entire complex was last updated in 2014, guaranteeing a turnkey experience for investors. Highlights: * Investment Potential: A diverse mix of units, from single-family homes to duplexes and detached structures, provides multiple rental income streams. * Amenities: Shared parking lot, on-site laundry facilities, and private entrances for each unit. * Location: * Colonial Hills Community: Enjoy the charm and community spirit of Colonial Hills, with easy access to amenities and transportation. * Conveniently situated close to major Atlanta highways, Marta Station, Atlanta Downtown, Hartsfield-Jackson Atlanta International Airport, Delta headquarters, Porsche North America and in walking distance to Tyler Perry Studios. * Major sport venue and City Parks in minutes away: Mercedes Benz Stadium, State Farm Arena, Georgia State Stadium, Westside Park, Centennial Olympic Park, Grant Park and many others. This exceptional investment opportunity is being sold "as is" with no showings until the due diligence period/inspection. Don't miss out on this chance to own a versatile and lucrative properties in one of East Point's prime locations. Welcome home to your next great investment!
Property Details
- Class
- C
- Year Built
- 1940
- Stories
- 2
- Units
- 6
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