2966 Old Jonesboro Rd SW
Atlanta, GA 30315
3 Beds
2 Baths
1,867 Sq Ft
129 Days on Market
For Sale $435,000
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Courtesy of Chapman Hall Realtors

Listing Agent & Comments

John LewisChapman Hall Realtors
404-236-0043jlewis@saffordsells.com License #268113
Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,600+ Monthly Income Looking for steady cash flow and strong rental income potential? This 4-unit property offers an outstanding $4,600+ in monthly income and the flexibility to be rented long-term or converted to short-term rentals (Airbnb). Located in a highly desirable area near downtown Atlanta, this property is perfect for savvy investors looking to capitalize on both consistent cash flow and property appreciation. Property Highlights: $4,600+ Monthly Cash Flow: With three of the four units currently occupied (Unit #3 is available), this property provides immediate income with the potential for further revenue growth through short-term rentals like Airbnb. Updated and Move-In Ready: Two of the units have been fully renovated in 2023, ensuring modern finishes and reducing immediate maintenance needs. All units feature new vinyl hardwood flooring (no carpet), which enhances appeal and simplifies upkeep. Flexibility in Leasing: The property's versatile rental options (long-term or short-term) make it a great investment for maximizing returns, depending on market conditions and tenant demand. Unit Breakdown: Unit 1 - Fully Renovated Basement Apartment (2023) Private entrance with a basement-level entry (5 steps down). Brand new kitchen with granite countertops, stainless steel appliances (fridge stove), and a modern stainless steel sink. New vinyl hardwood flooring (no carpet!). Updated bathroom and fixtures. Shared washer/dryer with Unit 2, located in the hallway between both units. Unit 2 - Fully Renovated Large Studio/1-Bedroom Basement Apartment (2023) Private entrance, with a modern open-concept studio/1-bedroom layout. New kitchen featuring granite countertops, stainless steel appliances (fridge stove), and new stainless steel sink. Updated bathroom with new vanity and light fixtures. New vinyl hardwood flooring (no carpet!).

MLS# 10409338 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area1,867 Sq.Ft.
Lot Size0.3 Acres
Total Rooms6
Bedrooms3
Bathrooms2
Stories1
Year Built1940
Property TypeMultifamily
ZoningR4
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2023
Tax Amount$5,947
Property in Flood Zone--
More Information On This Home
This home's estimated value
$446,757
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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2966 Old Jonesboro Rd SW, Atlanta, GA 30315

Multifamily
3 Beds
2 Baths
1,867 Sq Ft
129 Days on Market

Listing Agent & Comments

John LewisChapman Hall Realtors
404-236-0043jlewis@saffordsells.com License #268113
Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,600+ Monthly Income Looking for steady cash flow and strong rental income potential? This 4-unit property offers an outstanding $4,600+ in monthly income and the flexibility to be rented long-term or converted to short-term rentals (Airbnb). Located in a highly desirable area near downtown Atlanta, this property is perfect for savvy investors looking to capitalize on both consistent cash flow and property appreciation. Property Highlights: $4,600+ Monthly Cash Flow: With three of the four units currently occupied (Unit #3 is available), this property provides immediate income with the potential for further revenue growth through short-term rentals like Airbnb. Updated and Move-In Ready: Two of the units have been fully renovated in 2023, ensuring modern finishes and reducing immediate maintenance needs. All units feature new vinyl hardwood flooring (no carpet), which enhances appeal and simplifies upkeep. Flexibility in Leasing: The property's versatile rental options (long-term or short-term) make it a great investment for maximizing returns, depending on market conditions and tenant demand. Unit Breakdown: Unit 1 - Fully Renovated Basement Apartment (2023) Private entrance with a basement-level entry (5 steps down). Brand new kitchen with granite countertops, stainless steel appliances (fridge stove), and a modern stainless steel sink. New vinyl hardwood flooring (no carpet!). Updated bathroom and fixtures. Shared washer/dryer with Unit 2, located in the hallway between both units. Unit 2 - Fully Renovated Large Studio/1-Bedroom Basement Apartment (2023) Private entrance, with a modern open-concept studio/1-bedroom layout. New kitchen featuring granite countertops, stainless steel appliances (fridge stove), and new stainless steel sink. Updated bathroom with new vanity and light fixtures. New vinyl hardwood flooring (no carpet!).

MLS# 10409338 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area1,867 Sq.Ft.
Lot Size0.3 Acres
Total Rooms6
Bedrooms3
Bathrooms2
Stories1
Year Built1940
Property TypeMultifamily
ZoningR4
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2023
Tax Amount$5,947
Property in Flood Zone--
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $435,000
Get_PreApproved_Property_Details
Save
Courtesy of Chapman Hall Realtors
2966 Old Jonesboro Rd SW
Atlanta, GA 30315
3 Beds
2 Baths
1,867 Sq Ft
129 Days on Market

Listing Agent & Comments

John LewisChapman Hall Realtors
404-236-0043jlewis@saffordsells.com License #268113
Incredible Cash Flow Investment Opportunity: 4-Unit Property with $4,600+ Monthly Income Looking for steady cash flow and strong rental income potential? This 4-unit property offers an outstanding $4,600+ in monthly income and the flexibility to be rented long-term or converted to short-term rentals (Airbnb). Located in a highly desirable area near downtown Atlanta, this property is perfect for savvy investors looking to capitalize on both consistent cash flow and property appreciation. Property Highlights: $4,600+ Monthly Cash Flow: With three of the four units currently occupied (Unit #3 is available), this property provides immediate income with the potential for further revenue growth through short-term rentals like Airbnb. Updated and Move-In Ready: Two of the units have been fully renovated in 2023, ensuring modern finishes and reducing immediate maintenance needs. All units feature new vinyl hardwood flooring (no carpet), which enhances appeal and simplifies upkeep. Flexibility in Leasing: The property's versatile rental options (long-term or short-term) make it a great investment for maximizing returns, depending on market conditions and tenant demand. Unit Breakdown: Unit 1 - Fully Renovated Basement Apartment (2023) Private entrance with a basement-level entry (5 steps down). Brand new kitchen with granite countertops, stainless steel appliances (fridge stove), and a modern stainless steel sink. New vinyl hardwood flooring (no carpet!). Updated bathroom and fixtures. Shared washer/dryer with Unit 2, located in the hallway between both units. Unit 2 - Fully Renovated Large Studio/1-Bedroom Basement Apartment (2023) Private entrance, with a modern open-concept studio/1-bedroom layout. New kitchen featuring granite countertops, stainless steel appliances (fridge stove), and new stainless steel sink. Updated bathroom with new vanity and light fixtures. New vinyl hardwood flooring (no carpet!).

MLS# 10409338 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Additional home details
Living Area1,867 Sq.Ft.
Lot Size0.3 Acres
Total Rooms6
Bedrooms3
Bathrooms2
Stories1
Year Built1940
Property TypeMultifamily
ZoningR4
HOA Name--
HOA Fee--
HOA IncludesNone
Tax Year2023
Tax Amount$5,947
Property in Flood Zone--
More Information On This Home
This home's estimated value
$446,757
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $435,000
Get_PreApproved_Property_Details
Save
Courtesy of Chapman Hall Realtors