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758 Saint Charles, Atlanta, GA 30306

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For Sale

$1,050,000

0.22 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 4 units are currently rented and 2 units have new tenants moving in at higher rent prices. Updated gross monthly income starting 8/1 is $7140/month ($85,680/yr). Projected gross monthly income when 3 current lease terms have been renewed at current market rate is $7465 ($89,580/yr) Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and accounts are in tenants' names and paid by tenants. One water meter for the building and tenants pay a flat monthly water fee on top of rent (included in gross income calculation and future projections). Seller recently replaced water line and sewer main and repaired concrete walkways. Showings of occupied units will only be scheduled during due diligence after an offer is accepted. There is one vacant unit that can be shown by appointment before 7/25 and another unit that can be shown before 8/1. Please do not disturb tenants.
MLS# 10542152

Courtesy Of Realty Associates of Atlanta, LLC

(404) 235-8900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 758 Saint Charles, Atlanta, GA 30306
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Home seller CENTURY 21 Connect Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connect Realty

(770) 640-6800
Learn More About Us

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