$135,000
For Sale

3178 Nectarine Circle

Decatur, GA 30034
Browse 16 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME ..
This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026. This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
      • Parking FeaturesCarport, Garage, Level Driveway
      • Middle SchoolChapel Hill - Dekalb
      • Property ConditionUpdated/Remodeled
      • High SchoolSouthwest Dekalb
      • Sewer InformationPublic Sewer
      • SubdivisionOrchard Lane
      • CountyDekalb - GA
      • Lot DescriptionCul-De-Sac
      • Elementary SchoolBob Mathis
      • Fence DescriptionBack Yard
      • Property TypePurchase
      • Original List Price$131,000
      • Parking TypeCarport
      • MLS #7583740
      • MLS #7583740
      • Utility SourcePublic
      • Taxes Annual$2,200
      • Cost135000
      • ViewOther
      • Property SubtypeOther
      • Acres0.02
      • Year Built1973

Location

Miriala MondejaReal Estate Group
OR

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