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316 Atwood ST SW Atlanta, GA 30310
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision West End Heights
MLS Listing ID 7093105
Sold Date 08/30/22
Construction Status Resale
HOA Y/N No
Year Built 2003
Annual Tax Amount $5,226
Tax Year 2020
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Excellent 4-sided brick all electric townhouse-style duplex built 2003 (4 BR/2 BA each) in the HOT West End District. West side Beltline at entrance of short street which dead ends on a cul-de-sac where these duplexes are nestled. This property is centralized in the best of West End district just a skip to I-20. Historic West End, Morehouse. Long-term tenants - fab potential for appreciation! Separately metered for all utilities including water to be paid by tenant. Perfect addition to your investor portfolio or move in and let rental income pay the mortgage! Currently leased Section 8 with rent increase potential of up to $2500 per month if the notifications are sent as follows: 90 day notice to AHA for increase deadlines 310 A 11/30/22, 310 and 316 A 12/30/2022/ 316 B 2/28/2023. Incredible piece of property and took owner years to assemble and is a UNICORN since it has room to expand. Would love to sell 310 and 316 together if possible and that would be the seller's first choice since a driveway easement agreement would have to be completed prior to selling individually. Will entertain selling separately but priced as a combined sell. Tenant occupied and will be showing one unit initially that is a "mirror image" with inspections to be completed after contract with additional units. Survey is attached for the combined property of 310 and 316 in documents.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Electric, Forced Air
Cooling Central Air
Flooring Carpet, Vinyl
Window Features Insulated Windows
Exterior
Parking Features Level Driveway, Parking Lot, Paved
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Building
Lot Description Corner Lot, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Fulton - Other
Middle Schools Herman J. Russell West End Academy
High Schools Booker T. Washington
Others
Senior Community no
Tax ID 14 014000031494
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Coldwell Banker Realty