2150 WADLEY ST NW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30314
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Lawn Heights
MLS Listing ID 7468047
Year Built 1956
Annual Tax Amount $3,286
Tax Year 2023
Lot Size 0.266 Acres
Property Sub-Type Other
Property Description
Our Client, Shine Investments Inc. is liquidating it's Atlanta portfolio and this Income-Generating Duplex is a must-see! With Zero Deferred Maintenance and $3796 per month in rental income, this turn key investment is ideal for both new and experienced investors. This property is part of a portfolio sale including 3 additional duplexes (2001 Lois Place NW, 2054 Joseph E Boone Blvd NW and 308 Anderson Ave NW). Each duplex is priced at $530,000 and is fully occupied. Seller also has a completely renovated 8 unit apartment complex at 2150 Wadley Street NW listed for $1.7M. Purchase any of these properties alone or acquire the entire portfolio for maximum cash flow! Call Lee Gillespy to schedule a showing or to get more information. These properties won't last long!
Welcome to this completely renovated 8 unit apartment complex. This is a prime investment opportunity offering new modern living. Each of the 8 units features 2 spacious bedrooms and a stylishly appointed bathroom, all completely renovated to meet contemporary standards. 3 of the 8 units will be leased by February 7, 2025 at $1,250 per month with 1 year leases. The rest of the 5 units are approved to be leased at $1595 per month. Each tenant the pays their own power bill.
All apartments have new vinyl flooring, new kitchen cabinetry, granite countertops that offer both durability and a sleek aesthetic. The kitchens are also equipped with new stainless steel refrigerators, ovens, dishwashers and microwaves, providing a modern look and a maintenance free experience for residents. All bedrooms have new carpeting in each offering both durability and comfort. Every unit also includes a stackable washer and dryer, adding a level of convenience that is sure to attract quality tenants.
This property presents a seamless investment opportunity. Don't miss the chance to own a fully renovated, income-generating property that combines modern amenities with excellent tenant appeal. Showings by Appointment Only
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air,Electric
Exterior
Parking Features Paved
Fence None
Community Features None
Utilities Available Electricity Available,Water Available
Waterfront Description None
View City
Roof Type Shingle
Building
Lot Description Corner Lot
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick,Brick 4 Sides
New Construction No
Schools
Elementary Schools Bazoline E. Usher/Collier Heights
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Special Listing Condition None