Fixer Upper - Primary on Main
Address
873 Midway Street SE Atlanta, GA
Price
$ 240,000
Property Attributes
  • MLS#9077687
  • TypeContingent
  • CountyFULTON
  • CityAtlanta
  • AreaATSE
  • Zip30315
  • StyleTraditional
  • Year Built1950
  • Taxes$ 1258
  • Price$ 240,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1254
  • Lot Size10,890 SqFt
Listing Provided Courtesy Of:
Darryle Lee with Green Wholesaling & RE Service.
Data Source:
Georgia MLS (GAMLS)
Property Description

Attention All Investors - The Atlanta Housing Authority have approved the rent amount to be $1,500.00 per month in rent for both units! The tenants have moved into the property. Therefore, the total amount of rent will be $3,000.00 per month which equals $36,000.00 per year. If you hold this property for 5 years, you will make $180,000.00 ($36,000.00 X 5 yrs = $180,000.00). Is this not a return on your investment? You can use this property to buy other property! What a beautiful renovation that has just occurred in the southeast Atlanta area! This property was designed to produce income which will not be a problem if it is used in this manner. This property is not a duplex but it functions as a duplex. Unit A is the larger unit which consists of a large living room area, dining room, kitchen, bedroom and a full bathroom. Unit B is a little smaller than Unit A. It has a living room area, kitchen, bedroom and full bathroom. The good thing about this property is that you do not have to worry about maintenance issues because everything is new or almost new! The hot water heater and thermal expansion tank are new. The gas furnace in Unit A is less than 2 years old and the heat pump in Unit B is new. The a/c unit in Unit A is less than 2 years old and the a/c unit for Unit B is brand new. The roof is less than 2 years old! This property can be used in a variety of ways. It can also be used to generate income for a homeowner. You can leave in Unit A and rent out Unit B. I think $1,300.00 per month would help in covering any mortgage expenses. Or, you can use Unit B as an Airbnb which would can generate just as much income as renting to a regular tenant. It is your choice to decide how you want to use the property, but you cannot make any income if you do not purchase it! So, lets make this happen today! This is a great home in a quiet area. You will realize this when you move into the property. Excellent location just 20 minutes from the downtown area and Midtown areas including areas to go shopping are close by as well. You will definitely enjoy this property! SINCE THIS PROPERTY IS NOW TENANT OCCUPPIED, DO NOT GO TO THIS PROPERTY WITH AN APPOINTMENT!

Elementary School Middle School High School
Dobbs Elementary School Long Middle School South Atlanta High School
Price History
11/5/2021 Listed $240,000

General Features

Appliances Gas Water Heater, Dishwasher, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s)
Architectural Style Traditional
Association Fee Includes None
Association Y/N No
Basement Crawl Space
City Atlanta
Community Features Sidewalks, Street Lights, Walk To Public Transit
Construction Materials Concrete
Cooling Electric, Central Air
County Fulton
Days on Market 33
Directions Please use GPS or Mapquest for the best directions to get to the property from your current location.
Elementary School Dobbs
Energy Efficient Thermostat
Flooring Hardwood, Tile
Heating Natural Gas, Central
High School South Atlanta
Home Warranty Y/N No
Interior Features High Ceilings, Tile Bath, Master On Main Level
Land Lease Y/N No
Levels One
MLS Area ATSE
Middle/Junior High School Long
Possession Close Of Escrow
Property SubType Single Family Residence
Property Type Residential
PropertyCondition Resale
Roof Composition
Sewer Public Sewer
Status Under Contract
Street Name Midway
Structure Type House
Subdivision Name None
Tax Annual Amount 1258
Tax Year 2020
Utilities Cable Available, Sewer Connected
Year Built 1950

Interior Features

Above Grade Finished Area 1254
Dining Room Features Dining Rm/Living Rm Combo
Full Baths 2
Laundry Features In Kitchen, Other
Livingareasource Public Records
Main Level Bathrooms 2
Main Level Bedrooms 2
Room Type Other
Street Suffix Street
Total Bedrooms 2
Total Finished Area 1254

Exterior Features

Lot Features Level
Lot Size Acres 0.25
Lot Size Source Public Records
Parking Features Parking Pad, Off Street
Total Parking 2
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 30315

Price
AVG $310K
$240K
Taxes
AVG $1,877
$1,258
Visits
AVG 29
10
Year Built
AVG 1994
1950
Walkscore
AVG 30
5
Data Provided by Walkscore ® not using MLS data

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