Keller Williams Intown Atlanta - Michael Williams
Currently no images available.
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
$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!).

Property Details

Compare This Home
Overview
Property Type
Multi Family,Quadruplex
Year Built
1940
Days on Site
136 Days
HVAC
Central Air, Window Unit(s), Electric, Forced Air, Ceiling Fan(s)
Parking
Yes
Keller Williams Intown Atlanta
Keller Williams Intown Atlanta
423122

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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%)
Purchase Price
$
Purchase price has been changed to something other than the currently listed price.
Down Payment
%
$
Interest Rate
%
Loan Type
Property Tax
%
$
Home Insurance /year
$
HOA/Condo Fees /month
$
Mortgage Insurance /month
$
Credit Score
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & 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.

Explore Hammond Park

Go to Neighborhood

Nearby Schools

No data to show right now.

No data to show right now.

Disclaimer: This information is provided by Precisely and subject to change. Please check the applicable school district.

Transit & Commute

Estimated commute times from Hammond Park
Car-Dependent Walkable Very Walkable
Keller Williams Intown Atlanta
Keller Williams Intown Atlanta
423122

Similar Properties

Properties with similar features, attributes, and price to this current listing
Featured Properties
Sold
New - 1,265 Hours
Open House
$349,900
0.25 ac
2977 5TH Street SW, Atlanta, GA 30315

Nearby Properties

Nearest properties to this current listing

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.