922 Metropolitan Atlanta, GA 30310

Multi-Family (2-4 Units) MLS #: 10474694 Courtesy Of Atlanta Leasing & Investment

$700,000

0.2 acres
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Est. Property Tax: $1,491
Estimated monthly payments: $3,184/mo.* (recalculate)

Property InformationDescription

Offered at $700,000 with a CAP rate of 8.5%, 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 an investment property, it includes two units, the upstairs with 3 rooms, 1 bathroom, and the downstairs with 7 rooms and 2 bathrooms. 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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick, Concrete
  • Heating System: Central Furnace
  • Lot Size: 0.2 Acres

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922 Metropolitan, Atlanta, GA 30310
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School Information

922 Metropolitan, Atlanta, GA 30310

Elementary School
Grades PK-5 | Public School
GIDEONS ELEMENTARY SCHOOL
Atlanta, GA 30310
897 Welch St SW
404.­802.7700
Distance: 0.1 mi
School Rating
C
Student:Teacher Ratio
9:1
Total Students
299
Middle School
Grades 6-8 | Public School
SYLVAN HILLS MIDDLE SCHOOL
Atlanta, GA 30310
1461 Sylvan Rd SW
404.­802.6200
Distance: 1.2 mi
School Rating
C
Student:Teacher Ratio
13:1
Total Students
546
High School
Grades 9-12 | Public School
G. W. CARVER HIGH SCHOOL
Atlanta, GA 30315
55 McDonough Blvd SE
404.­802.4415
Distance: 1.3 mi
School Rating
F
Student:Teacher Ratio
11:1
Total Students
439
Other Nearby Schools Distance Type Grades School Rating
Herman J. Russell West End Academy 0.8 mi Public 6-8 D-
Dunbar Elementary School 0.9 mi Public PK-5 D+
Finch Elementary School 1.1 mi Public EE-5 C
Slater Elementary School 1.2 mi Public KG-5 C-
Early College High School At Carver 1.3 mi Public 9-12 C-
The Life School Of Atlanta 1.4 mi Private PK-12
Barack & Michelle Obama Academy 1.4 mi Public PK-5 C
M. Agnes Jones Elementary School 1.5 mi Public EE-5 C+
Slam Academy Of Atlanta 1.5 mi Public KG-5 C
Martin Luther King Jr. Middle School 1.7 mi Public 6-8 D+
Kipp Strive Primary School 1.8 mi Public KG-4 C+
Kipp Strive Academy 1.8 mi Public 5-8 C-
Booker T. Washington High School 1.8 mi Public 9-12 D-
Luther J. Price Middle School 1.9 mi Public 6-8 D-
Atlanta Neighborhood Charter - Elementary School 1.9 mi Public KG-5 B+
Tuskegee Airmen Global Academy 1.9 mi Public EE-5 D+
Imagine Wesley International Academy Charter Facility 1.9 mi Public KG-8 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlanta, GA 30310

Median Age: 38
Married: 16%
Number of Households: 12,752
Households with Children: 20.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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