Atlanta, GA 30344 1366 Clermont Avenue

Pending
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Presented By: Realco Brokers, Inc.
  • MLS# 7393607
  • 06/04/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5
  • Baths • 5

Home Details

Turnkey Investment Opportunity in East Point, GA. Welcome to a remarkable investment opportunity in the sought-after community of East Point, Georgia. This transaction includes two properties: 1366 and 1370 Clermont Ave. Property Overview: * 1366 Clermont Ave.: Two units, one with 3 bedrooms and 1 bathroom unit and one with 2 bedroom and one bath unit. Plus stand alone one bedroom and one bath unit* 1370 Clermont Ave.: Two units, each with 2 bedrooms and 1 bathroom, sharing a private parking lot and on-site laundry with 1366 Clermont Ave. Highlights: * Investment Potential: A diverse mix of units, from single-family homes to duplexes and detached structures, provides multiple rental income streams. * Amenities: Shared parking lot, on-site laundry facilities, and private entrances for each unit. * Location: * Colonial Hills Community: Enjoy the charm and community spirit of Colonial Hills, with easy access to amenities and transportation. * Conveniently situated close to major Atlanta highways, Marta Station, Atlanta Downtown, Hartsfield-Jackson Atlanta International Airport, Delta headquarters, Porsche North America and in walking distance to Tyler Perry Studios. * Major sport venue and City Parks in minutes away: Mercedes Benz Stadium, State Farm Arena, Georgia State Stadium, Westside Park, Centennial Olympic Park, Grant Park and many others. This exceptional investment opportunity is being sold "as is" with no showings until the due diligence period/inspection. Don't miss out on this chance to own a versatile and lucrative properties in one of East Point's prime locations. Welcome home to your next great investment!
Presented By: Realco Brokers, Inc.

Interior Features for 1366 Clermont Avenue

Bathrooms

Total Baths

Other Interior Features

FlooringHardwood
Window FeaturesNone

General for 1366 Clermont Avenue

AccessibilityNone
Body of WaterNone
Cap Rate8
CityAtlanta
Community FeaturesNone
Construction MaterialsOther
CoolingCeiling Fan(s), Central Air, Electric
CountyFulton - GA
Days on Market55
DirectionsTake I-85 S and exit 243 for GA-166 toward Langford Pkwy/East Point. Keep right to follow signs for GA-166 W/Langford Pkwy/East Point and merge onto GA-166 W. Take the GA-154 N exit toward US-29 N/Fo
Elementary SchoolHamilton E. Holmes
Energy EfficientNone
Green Energy GenerationNone
Gross Income67320
HeatingCentral, Electric, Forced Air
High SchoolTri-Cities
Home Owner AssocNo
Home Warranty Y/NNo
Legal Description000
LevelsThree Or More
Middle/Junior High SchoolPaul D. West
Net Operating Income56320
NumberOfUnitsTotal5
Occupancy TypeTenant
Operating Expense11000
PossessionClose Of Escrow
Property ConditionResale
Property SubTypeOther
Property TypeResidential Income
RoofComposition
Security FeaturesNone
SewerPublic Sewer
Standard StatusPending
StatusPending
Subdivision NameColonial Hills
Tax Annual Amount1927
Tax Lot0
Tax Year2023
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
ViewOther
Waterfront FeaturesN
Year Built1940

Exterior for 1366 Clermont Avenue

FencingBack Yard
Lot Dimensionsx
Lot FeaturesLevel
Lot Size Acres0.1722
Lot Size SourcePublic Records
Open Parking Y/NYes
Parking FeaturesDriveway
Total Parking8
Water SourcePublic

Additional Details

Price History

Schools

High School Tri-Cities High School
Elementary School Hamilton E. Holmes Elementary School
Middle School Paul D. West Middle School

Worth Clark

Price $705,800
MLS#7393607
List Date 06/04/2024
Property Type Pending
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