1070 Mayson Turner RD NW, Atlanta, GA 30314
1070 Mayson Turner RD NW, Atlanta, GA 30314
1070 Mayson Turner RD NW, Atlanta, GA 30314
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$489,000
Est. payment /mo
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0.25 Acres Lot
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1070 Mayson Turner RD NW Atlanta, GA 30314

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Michelle Campbell

Michelle Campbell

+1(404) 670-7463

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Washington Park

MLS Listing ID 7768560

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2007

Annual Tax Amount $9,232

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.

Location

State GA

County Fulton

Area Washington Park

Lake Name None

Interior

Heating Forced Air, Electric

Cooling Central Air, Electric

Flooring Hardwood

Window Features Insulated Windows,Double Pane Windows

Exterior

Parking Features Driveway, Paved

Fence Back Yard, Front Yard, Chain Link, Wrought Iron, Wood

Community Features Sidewalks, Street Lights, Curbs, Near Beltline, Near Trails/Greenway, Park, Pool, Playground, Pickleball, Near Schools, Near Public Transport, Near Shopping

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood, City

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 4

Private Pool false

Building

Lot Description Corner Lot, Sloped

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame,Vinyl Siding,Blown-In Insulation

Construction Status Updated/Remodeled

Schools

Elementary Schools M.R. Hollis Innovation Academy

Middle Schools M.R. Hollis Innovation Academy

High Schools Booker T. Washington

Others

Senior Community no

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta

NEARBY SCHOOL & BUSINESS

Michelle Campbell
Michelle Campbell

Agent | License ID: 323213

+1(404) 670-7463 | michellecampbell@epique.me

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1070 Mayson Turner RD NW