Skip To Content

4402 Highland Road

Decatur, GA 30035
  • $289,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 7110490
UPDATED: 19 min ago
$289,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Are you looking for an easy turn-key already rented rental with guaranteed income? All the best investors know that most already rented homes are usually under-rented, and this home is no exception. Market rents are much higher than the current rent, but buy this gem and get instant rental income from Section 8 and raise the rent in the future when the lease is up. This home has recently passed a full section-8 inspection and has a Tenant in place. Current lease is $1,400/month (annual income of $16,800) and is due for a rental increase from the Housing Authority soon. Rental comps in the area range from $1,800-$2,100! This is a solid investment from the start. This 3 bedroom home has the square footage of a 4-bedroom and includes a living room, formal dining room, a kitchen with new countertops and modern backsplash, and a cozy front porch. Home also features a large master suite with sitting area, walk-in closet, and private bath. Additionally, the home sits on a corner lot located just down the street from new construction homes selling in the $300Ks, with enviable access to MARTA, I-20, I-285, and everything else East Metro Atlanta has to offer.

Monthly Payment Calculator



First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-09-30T08:06:39.627. For issues regarding this website, please contact BoomTown.
www.pathpost.com/homes/132843682
Print Image

4402 Highland Road Decatur, GA 30035

  • Price: $289,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 19 min ago
  • MLS #: 7110490
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1949
Built
Neighborhood:
Glen Haven
County:
Dekalb
Area:
Dekalb
Elementary School:
Rowland
Middle School:
Mary Mcleod Bethune
High School:
Towers
Property Description
Are you looking for an easy turn-key already rented rental with guaranteed income? All the best investors know that most already rented homes are usually under-rented, and this home is no exception. Market rents are much higher than the current rent, but buy this gem and get instant rental income from Section 8 and raise the rent in the future when the lease is up. This home has recently passed a full section-8 inspection and has a Tenant in place. Current lease is $1,400/month (annual income of $16,800) and is due for a rental increase from the Housing Authority soon. Rental comps in the area range from $1,800-$2,100! This is a solid investment from the start. This 3 bedroom home has the square footage of a 4-bedroom and includes a living room, formal dining room, a kitchen with new countertops and modern backsplash, and a cozy front porch. Home also features a large master suite with sitting area, walk-in closet, and private bath. Additionally, the home sits on a corner lot located just down the street from new construction homes selling in the $300Ks, with enviable access to MARTA, I-20, I-285, and everything else East Metro Atlanta has to offer.
Exterior Features

Construction Materials FrameVinyl SidingWood Siding Fencing None Land Lot 0 Lot Features Corner Lot Open Parking YN Yes Parking Features DrivewayLevel Driveway Roof Type Composition Stories One View City Waterfront Features None Window Features None

Interior Features

Cooling Central AirHeat Pump Flooring CarpetLaminate Furnished Unfurnished Heating CentralElectricForced AirHeat Pump

Property Features

Accessibility Features None Community Features Near MartaNear SchoolsNear ShoppingPublic TransportationStreet Lights Green Energy Efficient None Green Energy Generation None Lake Name None Lot Size Dimensions 200 X 100 Number Of Units Total 1 Occupant Type Tenant Owner Financing No Property Attached YN No Property Condition Resale Proposed Financing CashConventionalOther Security Features None Sewer Public Sewer Special Circumstances Investor Owned Special Listing Conditions None Tax Year 2021 Taxes 1864 Type Other Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer Available Water Source Public

Listing provided courtesy of Atlas Real Estate, Inc: [IDXCONTACTINFORMATION].


First MLS logo Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2022 First Multiple Listing Service, Inc. Data last updated 2022-09-30T08:06:39.627. For issues regarding this website, please contact BoomTown.
 
https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7110490-2.jpg https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7110490-2.jpg https://bt-photos.global.ssl.fastly.net/fmls/orig_boomver_1_7110490-2.jpg
Logo
Path & Post Real Estate
214 River Park N Drive
Woodstock GA, 30188