Atlanta, GA 30306,758 Saint Charles AVE NE
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Atlanta, GA 30306,758 Saint Charles AVE NE
Atlanta, GA 30306,758 Saint Charles AVE NE
Atlanta, GA 30306,758 Saint Charles AVE NE
Atlanta, GA 30306,758 Saint Charles AVE NE
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758 Saint Charles AVE NE Atlanta, GA 30306

9,496 Sqft Lot


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Virginia Highland

MLS Listing ID 7596274

Construction Status Resale

HOA Y/N No

Year Built 1953

Annual Tax Amount $9,215

Tax Year 2024

Lot Size 9,496 Sqft

Acres 0.218

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 4 units are currently rented and 2 units have new tenants moving in at higher rent prices. Updated gross monthly income starting 8/1 is $7140/month ($85,680/yr). Projected gross monthly income when 3 current lease terms have been renewed at current market rate is $7465 ($89,580/yr)
Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and accounts are in tenants' names and paid by tenants. One water meter for the building and tenants pay a flat monthly water fee on top of rent (included in gross income calculation and future projections). Seller recently replaced water line and sewer main and repaired concrete walkways. Showings of occupied units will only be scheduled during due diligence after an offer is accepted. There is one vacant unit that can be shown by appointment before 7/25 and another unit that can be shown before 8/1. Please do not disturb tenants.

Location

State GA

County Fulton

Area Virginia Highland

Lake Name None

Interior

Heating Electric, Wall Unit(s)

Cooling Electric, Wall Unit(s)

Flooring Laminate

Window Features None

Exterior

Parking Features None

Fence None

Community Features Near Beltline, Near Public Transport, Near Shopping, Restaurant, Sidewalks

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

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 1

Private Pool false

Building

Lot Description Sloped

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Brick 4 Sides

Construction Status Resale

Schools

Elementary Schools Springdale Park

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 001700080251

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


First Multiple Listing Service(FMLS)
Listed by Realty Associates of Atlanta, LLC.

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agent

Ricky Russert

Real Estate Advisor | License ID: 401298

+1(404) 344-0840

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758 Saint Charles AVE NE