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John Bailey Realty

3324 Peachtree Rd. NE., Suite C. Atlanta, GA 30326
Phone: 770-484-7888

Dashboard

Palyn Bridge

Team Associate - Property Manager

  • Office 770-484-7888
  • Cell 404-863-5667
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1670 Lakewood Avenue Se, Atlanta, GA – $239,000

  • $239k Price
  • .33 Acres
  • $239k Price
  • .33 Acres

1670 Lakewood Avenue Se

**EQUITY + CASH FLOW** Perfect investor Purchase...Value Add Opportunity with over 15% ROI. Current appraised value at $255k. Market Rent at full occupancy is $3500. Units 1 & 2 are vacant and only need little work to be section 8 ready. Unit three is rented for $650 a month. Unit four has been rented for $500 to the same tenant since 2013. Currently brining in $1150 a month from units 3 & 4. Neighbor house has been purchased and the rehabbed with start soon. The area is up and coming with strong projections for growth in the next year.

Essential Information

  • MLS® #6103974
  • Price$239,000
  • Bathrooms0.00
  • Acres0.33
  • Year Built1930
  • TypeMulti-Family
  • Sub-TypeQuadruplex
  • StatusPending

Community Information

  • Address1670 Lakewood Avenue Se
  • Area32 - Fulton South
  • SubdivisionLakewood Heights
  • CityAtlanta
  • CountyFulton
  • StateGA
  • Zip Code30315

Amenities

  • UtilitiesNone
  • ParkingVaries By Unit

Amenities

Public Trans., Sidewalk, Street Lights

Interior

  • HeatingOther
  • CoolingOther

Exterior

  • Lot DescriptionLevel
  • RoofComposition
  • ConstructionFrame

School Information

  • ElementarySlater
  • MiddlePrice
  • HighCarver - Fulton
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Price Change History for 1670 Lakewood Avenue Se, Atlanta, GA (MLS® #6103974)

Date Details Change
Status Changed from Active to Pending
Price Reduced from $249,000 to $239,000 $10,000 (4.02%)
Price Reduced from $255,000 to $249,000 $6,000 (2.35%)

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Listing information last updated on April 20th, 2019 at 2:30pm EDT.