Atlanta, GA 30310,311 University
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Atlanta, GA 30310,311 University
Atlanta, GA 30310,311 University
Atlanta, GA 30310,311 University
Atlanta, GA 30310,311 University
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$ 375,000
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Price Dropped by $10K

311 University Atlanta, GA 30310

4,138 Sqft Lot


UPDATED:

02/05/2025 02:03 AM

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Tuskegee Heights

MLS Listing ID 10428380

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1948

Annual Tax Amount $4,839

Tax Year 2023

Lot Size 4,138 Sqft

Acres 0.095

Lot Dimensions 4138.2

Property Description

Calling all INVESTORS! Strategically located in close proximity to Atlanta Beltline, Pittsburg Yards, major highways and public transportation, this up/down duplex on University Avenue offers a practical yet spacious layout with three bedrooms and two bathrooms on the upper unit and a one bedroom and one bathroom on the bottom unit. Both units were renovated a few years ago and have goodstanding, current tenants in place. The bottom-level unit tenant has signed a renewal for a one-year lease starting March 1st, 2025. The duplex nature of the home also opens the door to incredible investment opportunities where one (or both) of the units could be used to generate income from tenants, and one can be owner-occupied in the near future. The seller rents the upstairs unit for $1850 a month and the bottom unit for $1,000 a month, a total of $2850 a month. This fantastic & hassle-free investment opportunity in the heart of Atlanta offers profitable returns and a high cap rate for a savvy investor's portfolio.

Location

State GA

County Fulton

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features None

Garage Spaces 6.0

Community Features Street Lights

Utilities Available Sewer Connected, Other, Electricity Individual Meters, Water Individual Meters

View Y/N No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Faces Please use GPS.

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Schools

Elementary Schools Gideons

Middle Schools Sylvan Hills

High Schools Carver

Others

HOA Fee Include None

Tax ID 14 007400081168

Special Listing Condition Resale


Georgia MLS - GAMLS
agent

Briona Kerr

Agent | License ID: 381143

+1(404) 539-7702

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311 University