1174 Princess AVE SW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30310
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $212
Subdivision Oakland City
MLS Listing ID 7536602
Style A-Frame,Bungalow,Traditional
Bedrooms 3
Full Baths 2
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1930
Annual Tax Amount $4,647
Tax Year 2023
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type Single Family Residence
Property Description
Turnkey Cash-Flow Rental – Guaranteed Income | Investor's Dream! This fully renovated 3BR/2.5BA single-family 3 story home is a turnkey rental with a stable long-term tenant already in place, paying $2,500/month via Grady Hospital Behavioral Health (Section 8 program). * Income-Producing from Day 1: Gross Cap Rate ~9.5%. *Government-backed rental income * Tenant has been in place for 2+ years and wants to stay. * Rent paid on time every month through Grady's Behavioral Health housing program. **Renovated Down to the Studs (2022): Brand new roof, HVAC, furnace, electrical, plumbing, new flooring, drywall, insulation, kitchen, and baths, modern finishes = low maintenance for years to come, ***Turnkey & Hands-Off: Newly Renovated. * Reliable program-backed tenant, Low-maintenance asset for long-term buy-and-hold strategy. Perfect for: In town or Out-of-state investors seeking strong cash flow. Landlords wanting passive, predictable income. Don't miss this high-yield, low-hassle Atlanta investment! ****. Blocks from the Belt-line, Lee & White District (Wild Heaven Brewing and Monday Night Garage) all the Belt-line restaurants. Near I-75/I-85, abundant green-space, and minutes from Downtown Atlanta's shopping, restaurants, and nightlife, Hartsfield Atlanta International Airport, the Beltline.
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement None
Main Level Bedrooms 1
Dining Room Open Concept
Interior
Interior Features High Ceilings 9 ft Main
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Laminate
Fireplaces Type None
Window Features None
Appliance Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
Laundry Common Area
Exterior
Exterior Feature None
Parking Features Detached,Driveway
Fence Back Yard,Fenced,Wood
Pool None
Community Features Near Public Transport,Near Schools,Near Shopping,Near Trails/Greenway,Restaurant,Sidewalks,Street Lights
Utilities Available Electricity Available,Sewer Available,Water Available
Waterfront Description None
View City
Roof Type Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Front Porch,Patio
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard,Front Yard,Level
Story Two
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style A-Frame,Bungalow,Traditional
Level or Stories Two
Structure Type HardiPlank Type,Lap Siding,Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Fulton - Other
Middle Schools Sylvan Hills
High Schools Fulton - Other
Others
Senior Community no
Restrictions false
Tax ID 14 011900061142
Special Listing Condition None