Listing Courtesy Of:
Jlewis@saffordsells.com, John Lewis
Listing Sold By:
Chapman Hall Realtors
Local Realty Services Provided By:
Keller Williams Realty Atlanta Classic
Overview
What It'll Cost
Neighborhood
Similar Homes
$435,000
2966 Old Jonesboro Road SW, Atlanta, GA 30315
.29
ac
Log In to Reveal Price
$435,000
2966 Old Jonesboro Road SW, Atlanta, GA 30315
Estimation provided by Keller Williams Realty Inc.
.29
ac
Active Under Contract
For Sale
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!).
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$435,000
Principal + Interest
$0
(0%)
Property Tax
$0
(0%)
Home Insurance
$0
(0%)
HOA/Condo Fee
$0
(0%)
Mortgage Insurance
$0
(0%)
Monthly Payment
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
Price & Tax History
Price History
Tax History
Date
Event
Price
02/25/2025
Price Decrease
$435,000
(-3.33%)
12/27/2024
Price Decrease
$450,000
(-3.23%)
11/23/2024
Price Decrease
$465,000
(-4.12%)
11/07/2024
Listed
$485,000
(+46.19%)
04/17/2023
Sold
$331,750
(+65.88%)
06/09/2003
Sold
$200,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,947
(+15.47%)
$143,640
Land 19,360 +
Additions 124,280
2022
$5,150
(+25.08%)
$89,600
Land 14,920 +
Additions 109,480
2021
$4,118
(+28.96%)
$89,600
Land 15,400 +
Additions 74,200
2020
$3,193
(+363.47%)
$77,120
Land 8,400 +
Additions 68,720
2018
$688.89
(-0.31%)
$60,320
Land 5,920 +
Additions 54,400
2017
$691.04
(-0.25%)
$16,640
Land 2,160 +
Additions 14,480
2016
$692.8
$16,000
Land 2,080 +
Additions 13,920
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Do you have other availabilities? Add up to two additional timeframes.
Please select a valid date
Please select a valid time
Please select a valid date
Please select a valid time
How would you like to tour?
Select your preferred video platform(s).
Zoom
FaceTime
Facebook Messenger
Google Meet
WhatsApp
Other
Your health and safety are our top priority. That`s why we’ve added the option to tour properties you are interested in through a live video chat.
Additional info
Enter a valid phone number.
Any additional questions or comments?
Message (optional)
Additional Terms of Use
Before you continue, please review the VOW Terms of Use:
(a) the Registrant has received, read and understood the brochure published by the British Columbia Real Estate Association entitled "Privacy Notice and Consent";
(b) the Registrant acknowledges entering into a lawful REALTOR®/ consumer or REALTOR®/client relationship with the Member;
(c) all data obtained from the MLS® VOW is intended for and may only be used for the Registrant’s personal, non-commercial use;
(d) the Registrant has a bona fide interest in the purchase, sale or lease of real estate of the type being offered through the MLS® VOW;
(e) the Registrant will not himself, and will not permit or assist others to, directly or indirectly:
(i) copy, redistribute or retransmit any of the MLS® VOW Data or information provided;
(ii) display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any of the MLS® VOW Data to another person.
(iii) engage in Scraping (including "screen scraping" and "database scraping"), "data mining" or any other activity intended to collect, store, re-organize, summarize or manipulate any MLS® VOW Data or any related data;
(f) the Registrant acknowledges the Board’s ownership of, and the validity of the Board’s proprietary rights and copyright in the MLS® VOW Data, and listing information; and
(g) the Registrant expressly authorizes the Board or their duly authorized representatives, to access the MLS® VOW and Registrant’s information provided to the MLS® VOW Participant, for the purposes of verifying compliance with and pursuing enforcement of the Terms of Use and all applicable rules, regulations, bylaws, policies, and laws.
This website uses cookies to improve your experience. For more info, read our
Cookie Policy.
By clicking “Accept” or continuing to use this site, you agree to our use of cookies
Terms of Use
and
Privacy Policy.
You have access to 1 more listing!You have access to {value} more listings!
Sign up to view unlimited properties and connect with an agent.
Get connected and never miss another property
Create your free account today!
Receive timely updates on your searches
Get meaningful market data and price trends
Access the world’s largest off-market property network through your KW Agent