7,501 Sqft Lot
7,501 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Loring Heights
MLS Listing ID 7823882
Construction Status Resale
HOA Y/N No
Year Built 1941
Annual Tax Amount $13,407
Tax Year 2025
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
The front home has just been fully renovated. Before renovations, it rented for $2,095. The back home has been rented by the same great tenant for 8 years. Current rent is $2,350 with no increases in the past three years. The lease is currently month to month. The new owner can keep the tenant and move into the newly renovated front unit. Or give a 30 day notice to vacate the back unit and use the whole house. Or live in the back while renting the newly renovated front unit. If either unit was furnished, it would bring in significantly higher short term rental income.
The current owner has rented this property fully occupied for the past 18 years with essentially no vacancy. The property is zoned single family and has one meter for electric, gas, and water. The current owner has included utilities with rent for ease.
The front home is a classic Loring Heights bungalow and the back house has a great mountain cabin treehouse feel which was designed and built by the previous owner/architect. Most of the wood for the back unit doors, floors and molding is South Georgia cypress. The upper deck in the back has seasonal skyline views. A shared driveway has three off street parking spaces at the end, two of them are covered.
Ideally located, this property offers incredible walkability to the Beltline, Tanyard Creek, Monday Night Brewing as well as neighborhood duck pond, playground & dog park. Minutes away from Bobby Jones/Bitsy Grant, Georgia Tech, SCAD, Atlantic Station, restaurants, shopping and I-75/85. The Myers Carpet building a block away is currently in the planning stage for a full adaptive reuse remodel into several retail and restaurant spaces.
Location
State GA
County Fulton
Area Loring Heights
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Carport
Fence Back Yard
Community Features Near Beltline, Near Public Transport
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 3
Private Pool false
Building
Lot Description Rectangular Lot, Sloped
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type
Construction Status Resale
Schools
Elementary Schools E. Rivers
Middle Schools Willis A. Sutton
High Schools North Atlanta
Others
Senior Community no
Tax ID 17 014800010345
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Nearby Locations