722 Florence PL NW Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30318
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Grove Park
MLS Listing ID 7545612
Year Built 1966
Annual Tax Amount $3,881
Tax Year 2024
Lot Size 6,851 Sqft
Property Sub-Type Other
Property Description
This turnkey, income-producing property offers an excellent investment opportunity! Recently updated and with a tenant already in place, this solid, all-brick 3-bedroom, 1-bathroom home in Grove Park generates $1,900 per month through the Atlanta Housing Authority. Investors can enjoy immediate, hassle-free rental income with no need for additional updates. The current lease ensures reliable, government-backed rental payments, providing a steady, low-risk return.
The home features a solid brick exterior, newly refinished hardwood floors, and a functional layout with spacious bedrooms and a bright, inviting living area. The newly updated kitchen with white cabinets and an eat-in dining area creates a seamless flow for everyday living. The long driveway and covered carport offer ample parking, while the fenced-in backyard provides additional space for gatherings or a garden. Located in a thriving neighborhood with major investments fueling growth, this property offers incredible value and long-term potential. Walking distance to Grove Park and just minutes from downtown, Westside Park, Georgia Tech, Mercedes-Benz Stadium, and Beltline access, it is perfectly positioned to benefit from the area's continued development. Easily accessible from major highways, this low-maintenance investment is conveniently located, making it a smart choice for investors seeking reliable, high-yield returns. Don't miss out on this amazing investment opportunity and start collecting rent payments from day one!
Location
State GA
County Fulton
Interior
Heating Central
Cooling Central Air
Flooring Hardwood
Exterior
Parking Features Carport,Driveway
Fence Back Yard
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available
Waterfront Description None
View Other
Roof Type Composition
Building
Lot Description Private,Other
Story One
Sewer Public Sewer
Water Public
Structure Type Brick 4 Sides
New Construction No
Schools
Elementary Schools Woodson Park Academy
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None