Atlanta, GA 30315,397 Lincoln ST SW
Atlanta, GA 30315,397 Lincoln ST SW
Atlanta, GA 30315,397 Lincoln ST SW
Atlanta, GA 30315,397 Lincoln ST SW
Atlanta, GA 30315,397 Lincoln ST SW
Atlanta, GA 30315,397 Lincoln ST SW
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Listed by eXp Realty
Bought with Joseph Stockdale • Joe Stockdale Real Estate

$205,000

$195,000

5.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1 Bath

1,024 SqFt


SOLD DATE : 09/27/2022

Key Details

Sold Price $205,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,024 sqft

Price per Sqft $200

Subdivision Joyland

MLS Listing ID 10082590

Sold Date 09/27/22

Style Bungalow/Cottage

Bedrooms 3

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1958

Annual Tax Amount $2,102

Tax Year 2021

Lot Size 8,842 Sqft

Property Description

Great investment opportunity. Remodeled and updated in 2018 and has been an income powerhouse. Currently leased with a long term Tennant at $1,300 a month with roughly five months remaining on lease with interest in renewing. Roughly 750 sqft basement with separate exterior entrance, wired and plumbed. Was once an apartment. Owner was planning to finish it out and turn it into another unit. Owner was also in the process of building an ADU in the large back yard for a third unit. Potential monthly revenue estimated to be around $2800 - 3200 with the added units. Tankless water heater installed in 2022 with enough capacity to supply main home, basement apartment, and ADU. Amazing buy and great investment. No wholesalers and not up for assignment. Please do not disturb tenants. ** Seller is a licensed real estate agent

Location

State GA

County Fulton

Rooms

Basement Exterior Entry, Full

Main Level Bedrooms 3

Interior

Interior Features Rear Stairs

Heating Central

Cooling Central Air

Flooring Carpet, Hardwood

Exterior

Parking Features Carport, Kitchen Level

Garage Spaces 2.0

Community Features None

Utilities Available Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description No Dock Or Boathouse

View City

Roof Type Composition

Building

Story One

Foundation Block

Sewer Public Sewer

Level or Stories One

Construction Status Updated/Remodeled

Schools

Elementary Schools S L Lewis

Middle Schools Other

High Schools Carver

Others

Financing Conventional

Special Listing Condition Agent Owned, Agent/Seller Relationship

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Georgia MLS (GAMLS)
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4651 Woodstock Rd, Roswell, GA, 30075, USA

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