89 Ollie St NW
Atlanta, GA 30314
5 Beds1 Bath1,588 Sq Ft7 Days on Market
Listing Agent & Comments
Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
MLS# 10474701 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,588 Sq.Ft. |
---|---|
Lot Size | 4,095 Sq.Ft. |
Total Rooms | 9 |
Bedrooms | 5 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$535,855
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.
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89 Ollie St NW, Atlanta, GA 30314
Multifamily5 Beds1 Bath1,588 Sq Ft7 Days on Market
Listing Agent & Comments
Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
MLS# 10474701 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,588 Sq.Ft. |
---|---|
Lot Size | 4,095 Sq.Ft. |
Total Rooms | 9 |
Bedrooms | 5 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
New
Do you own this home?
Access your homeowner dashboard
89 Ollie St NW
Atlanta, GA 30314
5 Beds1 Bath1,588 Sq Ft7 Days on Market
Listing Agent & Comments
Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.
MLS# 10474701 • Data provided by GAMLS
HouseCanary, Inc. Brokerage
Living Area | 1,588 Sq.Ft. |
---|---|
Lot Size | 4,095 Sq.Ft. |
Total Rooms | 9 |
Bedrooms | 5 |
Bathrooms | 1 |
Stories | 1 |
Year Built | 1930 |
Property Type | Multifamily |
Zoning | R5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | None |
Tax Year | 2023 |
Tax Amount | $3,532 |
Property in Flood Zone | -- |
Data provided by GAMLS.
More Information On This Home
This home's estimated value
$535,855
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.
New
Do you own this home?
Access your homeowner dashboard