Atlanta, GA 30318,722 Florence PL NW
Atlanta, GA 30318,722 Florence PL NW
Atlanta, GA 30318,722 Florence PL NW
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$229,900
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6,851 Sqft Lot
Active

722 Florence PL NW Atlanta, GA 30318

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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Grove Park

MLS Listing ID 7545612

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1966

Annual Tax Amount $3,881

Tax Year 2024

Lot Size 6,851 Sqft

Acres 0.1573

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

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Hardwood

Window Features Double Pane Windows

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

Accessibility None

Handicap Access None

Total Parking Spaces 3

Private Pool false

Building

Lot Description Private, Other

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick 4 Sides

New Construction No

Construction Status Resale

Schools

Elementary Schools Woodson Park Academy

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 014500060241

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None


First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Intown ATL

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agent

Cole Team

Broker Associate

+1(770) 316-3110

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722 Florence PL NW