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Key Details
Sold Price $1,067,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7649566
Year Built 1966
Annual Tax Amount $10,596
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Other
Property Description
Welcome to 1455 Southland Vista Ct NE, a prime multifamily investment opportunity nestled in the heart of Atlanta, GA. This well-maintained property comprises six distinct units, offering a blend of comfort and convenience for both residents and investors.
Unit Composition:
Units A-E: Five units, each featuring 2 bedrooms and 1 bathroom, designed with spacious layouts to accommodate modern living.
Unit F (Cottage House): A standalone 1-bedroom, 1-bathroom cottage boasting real hardwood floors and an expansive kitchen, providing a touch of luxury and additional space.
Property Highlights:
Recent Upgrades: All HVAC systems have been replaced within the last five years, ensuring efficient and reliable climate control. The main structure's roof is approximately five years old, while the cottage's roof is three years old, minimizing future maintenance concerns.
On-Site Amenities: The property features free parking for residents and on-site laundry facilities, enhancing tenant satisfaction and convenience.
Lot Size: Situated on a 0.5-acre lot, the property offers a private, wooded setting, providing a serene environment for residents.
Location Benefits:Proximity to Emory University: Located just a short drive from Emory University, the property is ideal for attracting graduate students and professionals. Additionally, the Emory campus shuttle conveniently picks up at the end of the street, providing free transportation to and from campus.
Nearby Amenities: Residents will appreciate the walking distance to Whole Foods and other retail options, offering a blend of urban convenience and neighborhood charm.
Investment Potential:
This property presents a compelling investment opportunity with strong cash flow potential and a strategic location poised for future appreciation. The diverse unit mix and recent upgrades reduce immediate capital expenditure requirements, allowing for a focus on maximizing rental income.
Financial Overview:
Listing Price: $1,160,000
Building Size: Approximately 1,929 square feet
LoopNet
Lot Size: 0.5 acres
Building Class: C
Year Built: 1966
Location
State GA
County Dekalb
Area None
Interior
Heating Central
Cooling Central Air
Flooring None
Exterior
Parking Features Parking Lot
Fence None
Community Features None
Utilities Available Cable Available, Phone Available, Other
Waterfront Description None
View Y/N Yes
View Other
Roof Type Other
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Briar Vista
Middle Schools Druid Hills
High Schools Druid Hills
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Sellect Realty of Georgia, LLC.
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