5280 Sandtown Center BLVD SW new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30331
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision The Summit At Sandtown
MLS Listing ID 7641059
Construction Status Resale
HOA Y/N No
Year Built 2005
Annual Tax Amount $6,856
Tax Year 2024
Lot Size 7,583 Sqft
Acres 0.1741
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Investor Special – Turnkey Rental Income Property – Fully Furnished PadSplit-Style Home! Discover an exceptional income-generating opportunity with this fully furnished, turnkey rental property, currently operating as a PadSplit-style shared housing setup. Designed for maximum cash flow, the home features six individual tenant rooms with weekly rental income. There are no long-term leases in place, offering both flexibility and the potential for high returns through short-term occupancy. Functioning like a multifamily property while maintaining a single-family layout, the tenants share access to a fully equipped kitchen, multiple (2.5) bathrooms, a laundry room, and communal living spaces. Each room is private and lockable, ideal for co-living or workforce housing arrangements. The property has a strong rental history, making it an attractive option for investors seeking immediate cash flow. Even better, the property has an assumable FHA loan at an attractive 4.875% interest rate, giving qualified buyers a rare opportunity to lock in a below-market rate. Creative financing options are welcomed, offering flexibility for both seasoned and first-time investors. Centrally located near major transit routes, employment centers, and local amenities, this property is perfectly positioned to attract and retain tenants. Whether you're expanding your portfolio or entering the rental market for the first time, this unique asset is ready to generate income from day one.
Location
State GA
County Fulton
Area The Summit At Sandtown
Lake Name None
Interior
Heating Natural Gas
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Hardwood,Tile
Window Features None
Exterior
Parking Features Driveway,Garage
Fence None
Community Features Clubhouse,Homeowners Assoc,Playground,Sidewalks,Tennis Court(s)
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Sewer Available
Waterfront Description None
View Y/N Yes
View Other
Roof Type Composition,Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Other
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick 3 Sides,Cement Siding,Other
Construction Status Resale
Schools
Elementary Schools Randolph
Middle Schools Sandtown
High Schools Westlake
Others
Senior Community no
Tax ID 14F0091 LL2259
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional