BEDS10
BATHS4 full
SQUARE FEET3,645
MLS#10760935
STATUSNew
PROPERTY TYPEResidential - Single Family
SUBDIVISIONWashington Park
Property Description
Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: Central Air, Electric
Fireplaces: 1
Garage: 6
Heating: Electric, Forced Air
Home Style: Traditional
Lot Size: 0.25 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $9,232
Year Built: 2007
Feature Descriptions
Additional Rooms: Other, Bonus Room, Exercise Room, Family Room, Laundry, Office, Game Room, Media Room, Library, Den
Amenities: Street Lights, Sidewalks, Park, Fitness Center, Tennis Court(s), Near Public Transport, Walk To Schools, Near Shopping, Racquetball
Appliances: Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Range, Stainless Steel Appliance(s)
Days on Site: 8
Dining Room: Dining Rm/Living Rm Combo
Exterior: Garden, Other
Exterior: Vinyl Siding, Concrete
Fencing: Back Yard, Chain Link, Front Yard, Wood
Flooring: Hardwood, Laminate, Tile
Foundation: Block
Interior: Walk-In Closet(s), Split Bedroom Plan, Roommate Plan, In-Law Floorplan, High Ceilings
Kitchen: Pantry, Second Kitchen, Walk-in Pantry
Parking Notes: Off Street, Parking Pad
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Topography: Corner Lot, Sloped
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Water: Public
Window Features: Double Pane Windows
Local Schools
High School: Booker T Washington
Middle School: M R Hollis
Elementary School: Hollis Innovation Academy
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 404-564-5560
Shown By
Agency Title: Josey Young & Brady Realty, LLC
Agency Phone: 770-683-1800
Estimate Your Payment
Estimated Payment
$ 2,000.26 per month $1,088.30 Principal & Interest $769.33 Property Tax $142.63 Homeowner's Insurance
1070 Mayson Turner Road Nw | MLS# 10760935
This single family home located at 1070 Mayson Turner Road Nw, Atlanta, GA 30314 is currently listed for sale with an asking price of $489,000. This property was built in 2007 and has 10 bedrooms and 4 full baths with 3645 sq. ft. Mayson Turner Road Nw is located in the Washington Park subdivision. Search Washington Park real estate on www.jybrealty.com today.