Rare investment opportunity in coveted Cobb county. Fantastic all-brick, cash-flowing duplex with investment upside. Instant cash flow through in-place leases which are below market, creating a value-add opportunity for a new buyer. New HVAC (5873), updated kitchen (5869), bathroom tubs have recently been re-glazed and an opportunity to improve the property and increase rents. Both units have 2 bedrooms and one bathroom, with great light and access to a private, level backyard. Incredibly rare 8% cap rate with room to grow as rents are increased. Current owners have benefitted from 0% vacancy and stable tenants. Please DO NOT disturb tenants, showings will be conducted for qualified buyers only.
Interior Amenities: Bookcases, Other, Master On Main Level, Split Bedroom Plan
Accessibility Features: Other
Full Bathrooms: 2
Flooring: Carpet
Kitchen Features: Breakfast Area, Breakfast Bar, Pantry
Price Per Square Foot: 144.230
Beds/Baths
Main Level Full Bathrooms: 2
Bedroom Main Level: 4
Exterior Features
Foundation Details: Slab
Lot Features: Level, Private
Property Condition: Resale
Roof: Composition
Garage/Parking
Parking Features: None
Utilities
Cooling: Electric, Ceiling Fan(s), Central Air
Heating: Electric, Central
Laundry Features: In Kitchen, Other
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available
Water Source: Public
Condo/Co-op/Association
Community Features: Walk To Shopping
Fee Information
Association Fee Includes: None
Schools
Elementary School: Clay
High School: Pebblebrook
High School Bus: Yes
Middle School: Lindley
Middle School Bus: Yes
Elementary School: Clay
Middle School: Lindley
High School: Pebblebrook
Lot Info
Land Lot: 77
Lot: 4
Plat Book: 7
Plat Page: 200
Tax Info
Year: 2020
Tax Annual Amount: 1912
MLS Schools
Elementary Bus Line: Yes
Ownership History
DateNameOwned ForOwner Type
Jun 2024 - PresentGary Angelo11 Months
Private Individual
Purchase Details
Closed on
Jun 28, 2024
Sold by
Miller Herman L
Bought by
Gary Angelo
Total Days on Market
4
Current Estimated Value
$303,260
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,570
Outstanding Balance
$297,316
Interest Rate
7.02%
Mortgage Type
VA
Estimated Equity
$5,944
Jan 2024 - Jun 2024Miller Herman L5 Months
Private Individual
Purchase Details
Listed on
Dec 6, 2023
Closed on
Jan 16, 2024
Sold by
Alpha Reig Llc
Bought by
Miller Herman L
Seller's Agent
Tina Jingru Sui
Real Broker
Buyer's Agent
Glenda Broker
Non-Mls Company
List Price
$300,000
Sold Price
$279,000
Premium/Discount to List
-$21,000
-7%
Views
160
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Jul 2021 - Jan 2024Alpha Reig Llc2 Years and 6 Months
Company
Purchase Details
Listed on
Jun 2, 2021
Closed on
Jul 1, 2021
Sold by
Gounden Carmen and Almos Lutfullah W
Bought by
Alpha Reig Llc
Seller's Agent
Ashan Perera
Atlanta Communities
Buyer's Agent
Ashan Perera
Atlanta Communities
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Sep 2019 - Jul 2021Almos Lutfullah W and Gounden Carmen S1 Year and 10 Months
Private Individual
Purchase Details
Listed on
Aug 2, 2019
Closed on
Sep 16, 2019
Sold by
Tanory Edward Joseph
Bought by
Almos Lutfullah W and Gounden Carmen S
Seller's Agent
Natalie Vuoriaho
Keller Williams Buckhead
Buyer's Agent
Scott Einfeldt
Compass
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.98%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Aug 2014 - Sep 2019Tanory Edward Joseph5 Years and 1 Month
Private Individual
Purchase Details
Closed on
Aug 12, 2014
Sold by
Gerard Dorothy W
Bought by
Tanory Edward Joseph
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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