$695,000
$695,000
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7 Beds
3.5 Baths
2,886 SqFt
SOLD DATE : 03/12/2025
Key Details
Sold Price $695,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,886 sqft
Price per Sqft $240
Subdivision East Lake
MLS Listing ID 7507272
Sold Date 03/12/25
Style Traditional
Bedrooms 7
Full Baths 3
Half Baths 1
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1937
Annual Tax Amount $2,884
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Single Family Residence
Property Description
This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don't miss this opportunity to own a turnkey investment property with proven results!
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement Crawl Space
Main Level Bedrooms 3
Dining Room Open Concept, Separate Dining Room
Interior
Interior Features High Ceilings 10 ft Main, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Ceramic Tile, Hardwood
Fireplaces Type None
Window Features None
Appliance Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence Back Yard, Wood
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Neighborhood
Roof Type Shingle
Street Surface Paved
Accessibility None
Handicap Access None
Porch Covered, Deck, Front Porch
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard, Front Yard
Story Two
Foundation Block
Sewer Public Sewer
Water Public, Other
Architectural Style Traditional
Level or Stories Two
Structure Type Wood Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Fred A. Toomer
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Restrictions false
Tax ID 15 181 05 015
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing no
Special Listing Condition None
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Bought with Keller Williams Realty Metro Atlanta