7 Beds
3 Baths
0.28 Acres Lot
7 Beds
3 Baths
0.28 Acres Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Collier Heights
MLS Listing ID 7815014
Style Ranch
Bedrooms 7
Full Baths 3
Construction Status Fixer
HOA Y/N No
Year Built 1962
Annual Tax Amount $2,337
Tax Year 2025
Lot Size 0.285 Acres
Acres 0.285
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
Property Description
Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms.
This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity.
Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area.
Investment Highlights:
* Turnkey PadSplit investment
* 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing
* Immediate cash flow at closing
* Opportunity to increase revenue by leasing the remaining bedrooms
* Two-story, four-sided brick construction
* 2 separate kitchens for enhanced functionality
* 3 full bathrooms
Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!
Location
State GA
County Fulton
Area Collier Heights
Lake Name None
Rooms
Bedroom Description Roommate Floor Plan,Split Bedroom Plan
Other Rooms Other
Basement Full
Main Level Bedrooms 4
Dining Room Separate Dining Room, Great Room
Kitchen Breakfast Bar, Cabinets White, Eat-in Kitchen, Country Kitchen, Kitchen Island
Interior
Interior Features High Ceilings 9 ft Lower, High Ceilings 9 ft Main
Heating Central
Cooling None
Flooring Hardwood, Ceramic Tile, Carpet
Fireplaces Type None
Equipment None
Window Features None
Appliance Dishwasher, Electric Cooktop, Microwave, Refrigerator
Laundry In Hall, Lower Level, Laundry Closet
Exterior
Exterior Feature Private Yard, Other
Parking Features Driveway
Fence Back Yard
Pool None
Community Features Near Public Transport, Sidewalks, Public Transportation, Powered Boats Allowed, Street Lights
Utilities Available Electricity Available, Cable Available
Waterfront Description None
View Y/N Yes
View City
Roof Type Shingle,Other
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Front Porch
Total Parking Spaces 4
Private Pool false
Building
Lot Description Back Yard
Story Two
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories Two
Structure Type Brick
Construction Status Fixer
Schools
Elementary Schools Bazoline E. Usher/Collier Heights
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Restrictions false
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Nearby Locations