GA > Atlanta > Atlanta-Fulton
Atlanta, GA 30315,2966 Old Jonesboro
Atlanta, GA 30315,2966 Old Jonesboro
Atlanta, GA 30315,2966 Old Jonesboro
Atlanta, GA 30315,2966 Old Jonesboro
Atlanta, GA 30315,2966 Old Jonesboro
Atlanta, GA 30315,2966 Old Jonesboro
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Torrence Ford

Torrence Ford

+1(678) 613-5211
$ 450,000
Est. payment | /mo

0.28 Acres Lot

Save
$ 450,000
Est. payment | /mo
Save

0.28 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family,Quadruplex

Listing Status Active

Purchase Type Residential Income

Subdivision Atlanta-Fulton

MLS Listing ID 10409338

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1940

Annual Tax Amount $5,034

Tax Year 2022

Lot Size 0.285 Acres

Acres 0.285

Lot Dimensions 12414.6

Property Description

Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,600+ Monthly Income Looking for steady cash flow and strong rental income potential? This 4-unit property offers an outstanding $4,600+ in monthly income and the flexibility to be rented long-term or converted to short-term rentals (Airbnb). Located in a highly desirable area near downtown Atlanta, this property is perfect for savvy investors looking to capitalize on both consistent cash flow and property appreciation. Property Highlights: $4,600+ Monthly Cash Flow: With three of the four units currently occupied (Unit #3 is available), this property provides immediate income with the potential for further revenue growth through short-term rentals like Airbnb. Updated and Move-In Ready: Two of the units have been fully renovated in 2023, ensuring modern finishes and reducing immediate maintenance needs. All units feature new vinyl hardwood flooring (no carpet), which enhances appeal and simplifies upkeep. Flexibility in Leasing: The property's versatile rental options (long-term or short-term) make it a great investment for maximizing returns, depending on market conditions and tenant demand. Unit Breakdown: Unit 1 - Fully Renovated Basement Apartment (2023) Private entrance with a basement-level entry (5 steps down). Brand new kitchen with granite countertops, stainless steel appliances (fridge stove), and a modern stainless steel sink. New vinyl hardwood flooring (no carpet!). Updated bathroom and fixtures. Shared washer/dryer with Unit 2, located in the hallway between both units. Unit 2 - Fully Renovated Large Studio/1-Bedroom Basement Apartment (2023) Private entrance, with a modern open-concept studio/1-bedroom layout. New kitchen featuring granite countertops, stainless steel appliances (fridge stove), and new stainless steel sink. Updated bathroom with new vanity and light fixtures. New vinyl hardwood flooring (no carpet!).

Location

State GA

County Fulton

Rooms

Basement Finished Bath, Daylight, Exterior Entry, Finished, Interior Entry

Interior

Heating Electric, Forced Air, Other

Cooling Ceiling Fan(s), Central Air, Window Unit(s)

Fireplace No

Exterior

Parking Features Guest, Kitchen Level, Over 1 Space per Unit, Parking Pad, Side/Rear Entrance

Community Features Sidewalks, Street Lights

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces GPS

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Hutchinson

Middle Schools Long

High Schools South Atlanta

Others

HOA Fee Include None

Tax ID 14 009300031244

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Updated/Remodeled

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.

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agent
Torrence Ford

REALTOR® | Lic# 289924

+1(678) 613-5211

1827 Powers Ferry Rd. SE Atlanta GA 30339

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2966 Old Jonesboro