Bought with Max Baerman • RE/MAX Metro Atlanta, Inc.
$517,000
$500,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 03/11/2022
Key Details
Sold Price $517,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Lenox Place
MLS Listing ID 10020164
Sold Date 03/11/22
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $11,747
Tax Year 2021
Lot Size 8,712 Sqft
Property Description
Rare historic Decatur Quad( all full 1 bedrooms) in amazing location a short walk to Downtown Decatur Amenities, Oakhurst, & East Lake MARTA rail. Tenants love the amazing city location, front porch, central neighborhood location and the historic feel of an old circa 1920 building. Lots of room to make improvements and raise rents SUBSTANTIALLY. All tenants are month to month. Units 1 and 2 on the main floor feature high ceiling, heart pine floors and historical charm. Upstairs units 3 and 4 both have a separate bedroom and a small bonus room. Each unit has separate gas and power meters. Water and Hot water are common and presently provided by the owner. There is central heat in all units and central AC in 3 of 4 units. Building needs total renovation and has substantial deferred maintenance plus several structural issues(agent can provide limited inspection report). Buyer should be must be a seasoned investor /renovator. SOLD AS IS. NO REPAIRS! NO SITE UNSEEN OFFERS!
Location
State GA
County Dekalb
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Electric, Central, Forced Air
Cooling Central Air, Window Unit(s)
Exterior
Parking Features None
Community Features None
Utilities Available Electricity Individual Meters, Gas Individual Meters, Sewer Connected
Building
Story One and One Half
Sewer Public Sewer
Level or Stories One and One Half
Construction Status Fixer
Schools
Elementary Schools Westchester
Middle Schools Renfroe
High Schools Decatur
Others
Financing Other
Special Listing Condition Agent Owned, Agent/Seller Relationship, Investor Owned
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