Decatur, GA 30034,3178 Nectarine CIR
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Decatur, GA 30034,3178 Nectarine CIR
Decatur, GA 30034,3178 Nectarine CIR
Decatur, GA 30034,3178 Nectarine CIR
Decatur, GA 30034,3178 Nectarine CIR
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$ 135,000
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3178 Nectarine CIR Decatur, GA 30034

871 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Orchard Lane

MLS Listing ID 7583740

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1973

Annual Tax Amount $2,200

Tax Year 2024

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME ..

This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026. This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!

Location

State GA

County Dekalb

Lake Name None

Interior

Heating Central

Cooling Central Air

Flooring Luxury Vinyl

Window Features Storm Window(s),Window Treatments

Exterior

Parking Features Carport, Garage, Level Driveway

Fence Back Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View Other

Roof Type Asbestos Shingle

Accessibility Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen

Handicap Access Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen

Total Parking Spaces 2

Private Pool false

Building

Lot Description Cul-De-Sac

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Lap Siding

New Construction No

Construction Status Updated/Remodeled

Schools

Elementary Schools Bob Mathis

Middle Schools Chapel Hill - Dekalb

High Schools Southwest Dekalb

Others

Senior Community no

Tax ID 15 090 05 046

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None


First Multiple Listing Service(FMLS)
Listed by Virtual Properties Realty. Biz

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3178 Nectarine CIR