$295,000
$259,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
5695 Montilly CIR College Park, GA 30349
9 Beds
3 Baths
2,135 SqFt
Key Details
Sold Price $295,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,135 sqft
Price per Sqft $138
Subdivision Old National East
MLS Listing ID 7414520
Sold Date 09/16/24
Style Ranch
Bedrooms 9
Full Baths 3
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1967
Annual Tax Amount $3,532
Tax Year 2023
Lot Size 0.381 Acres
Acres 0.381
Property Description
Welcome to cashflow. This 15% cap rate occupied rental grosses over $6800/month. Powered by PadSplit, this turnkey rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. This is an incredibly unique opportunity to acquire a strong rental in a challenging market. It is very close to public transit, multiple interstates, and the airport to ensure superb connectivity and access to job centers. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Fulton
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement Crawl Space
Main Level Bedrooms 9
Dining Room None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Hardwood
Fireplaces Type None
Window Features None
Appliance Dryer, Electric Range, Microwave, Refrigerator, Washer
Laundry In Hall
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence None
Pool None
Community Features None
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition,Shingle
Street Surface Concrete
Accessibility None
Handicap Access None
Porch None
Private Pool false
Building
Lot Description Level
Story One
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Brick,Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Fulton - Other
Middle Schools Fulton - Other
High Schools Fulton - Other
Others
Senior Community no
Restrictions false
Tax ID 13 009200020786
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing no
Special Listing Condition None
Read Less
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Bought with Keller Williams Realty Metro Atlanta