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Marietta,GA 30060
Key Details
Property Type Multi-Family
Sub Type Multi Family,Duplex
Listing Status New
Purchase Type For Sale
Subdivision Concord
MLS Listing ID 10539084
Year Built 1942
Annual Tax Amount $2,143
Tax Year 2024
Lot Size 2,918 Sqft
Property Sub-Type Multi Family,Duplex
Property Description
Turnkey Investment Opportunity: Income-Producing Duplex only 5 minutes from downtown Smyrna. This duplex offers two identical studio apartments, each generating $925/month in rental income. Tenants are separately metered and are responsible for all expenses except maintenance and insurance, ensuring steady cash flow for investors. This corner property is in a prime location only a block from Atlanta Rd, situated between commercially zoned property and an upward transitioning neighborhood. You are encouraged to drive around the neighborhood to see the improvements. Both studio apartments have the same layout, providing consistency and ease of management. Apartment 1 is vacant and can be accessed at your convivence with a Supra lockbox on the front door. Apartment 2 is tenant-occupied and can be inspected during due diligence only. Please respect the tenants' privacy during this process. The vacant apartment is equipped with an oversized HVAC unit, offering the potential for future expansion . There is plenty of parking available on site and on the street. Lot size in public records of .0067 is incorrect.
Location
State GA
County Cobb
Interior
Heating Central
Cooling Central Air
Laundry In Unit
Exterior
Parking Features Parking Pad,Side/Rear Entrance
Garage Spaces 2.0
Community Features Sidewalks,Near Public Transport
Utilities Available Electricity Individual Meters,Gas Individual Meters,Sewer Connected,Water Individual Meters
View Y/N No
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Green Acres
Middle Schools Campbell
High Schools Campbell
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Resale