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$500,000
55 Days On Site

238 Anderson Avenue
Atlanta, GA 30314

For Sale|Duplex|Active
0
Beds
0
Total Baths
1948
Built
Subdivision:
DIXIE HILLS
County:
Fulton
Listing Courtesy Of: Nhiaja Patton of Keller Williams Realty West Atlanta Broker: 470-907-8266 Prefer Ph#:nhiajap@gmail.com

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238 Anderson Avenue238 Anderson Avenue238 Anderson Avenue238 Anderson Avenue
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Turn-key, fully renovated upstairs/downstairs duplex offering an excellent opportunity for investors, 1031 exchange buyers, or owner-occupants seeking a house-hack strategy. Each unit features 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. Both units are expected to be vacant at closing, providing the new owner flexibility to lease both units or occupy one while renting the other. Projected rental income is up to $2,000 per month per unit, or $4,000 monthly/$48,000 annually, subject to market conditions and applicable program requirements. Potential 6.4%+ cap rate based on projected income and expenses. Owner-occupants may have access to down payment assistance opportunities through Invest Atlanta and Atlanta Housing, subject to buyer, property, lender, and program eligibility and guidelines. Atlanta Housing voucher participants may also have homeownership opportunities through applicable programs, subject to qualification and approval. Recently renovated and designed for low-maintenance ownership, this property also features ample parking with a wrap-around driveway and great backyard space with plenty of potential for outdoor entertaining or creating your own private oasis. Proven rental history, turn-key condition, and immediate leasing potential make this a property worth considering. Motivated seller and priced to sell. Owner/Agent.

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Listing Snapshot
Price 
$500,000
Days On Site 
55 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.107 Acres
Year Built 
1948
MLS® Number 
7808412
Status 
Active
Property Tax 
$4,714
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoPrice changed to $500,000
6 days agoListing updated with changes from the MLS®
2 months agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.107
Levels 
Two
Parking 
Driveway
Property Sub Type 
Duplex
Security 
Security Service
Sewer 
Public Sewer
Utilities 
Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
CarpetVinyl
Heating 
CentralElectric
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Exterior Features
Construction Details 
Concrete
Fencing 
Back Yard
Lot Features 
Sloped
Roof 
Shingle
View 
NeighborhoodTrees/Woods
Waterfront Features 
None
Waterview 
NeighborhoodTrees/Woods
Community Features
Accessibility Features 
Accessible Entrance
Community Features 
ParkRestaurantSidewalksStreet LightsTennis Court(s)Other
Financing Terms Available 
CashConventionalFHALease PurchaseVA Loan
Schools
School District
Unknown
Elementary School
F. L. Stanton
Middle School
John Lewis Invictus Academy/Harper-Archer
High School
Frederick Douglass
Listing Courtesy Of: Nhiaja Patton of Keller Williams Realty West Atlanta Broker: 470-907-8266 Prefer Ph#:nhiajap@gmail.com

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Neighborhood & Commute
Source: Walkscore
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