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Engel & Völkers Atlanta

atlanta@evatlanta.com +1(404) 845-7724

$ 365,000

Est. payment -/mo

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Active Under Contract

1545 Springwood Drive Southeast DR SE Smyrna, GA 30080

1.08 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Spring Woodmanor

MLS Listing ID 10544872

HOA Y/N No

Year Built 1983

Annual Tax Amount $4,124

Tax Year 2024

Lot Size 1.082 Acres

Acres 1.082

Lot Dimensions 1.082

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Prime Investor Opportunity - Minutes from The Battery & Truist Park! Unlock the potential of this income-producing duplex in one of Metro Atlanta's hottest growth corridors! Located just minutes from The Battery, Truist Park, The Roxy, and Cobb Energy Center, this property offers immediate cash flow and massive upside. With no HOA restrictions, it's a rare find ideal for flipping, short-term rental (Airbnb/VRBO), or a long-term hold. Unit A is currently tenant-occupied at $1,500/month and presents a prime opportunity for value-add renovations when the lease ends. Unit B is move-in ready with new LVP flooring on the main level, updated kitchen cabinets, and a new back deck, making it an excellent candidate for quick leasing or owner-occupancy. Each unit features: - Private entrance - Spacious family room with fireplace - Dedicated dining area - Kitchen with laundry connections - Powder room and deck on the main floor - Upstairs roommate-style layout with two generous bedrooms and ensuite baths Renovated comps on N Lea Ct have recently sold for $550K & $580K, making this a clear value play for the savvy investor. Sold strictly AS-IS with the right to inspect. Do not disturb tenants in Unit A (left side). Unit B (right side) is vacant and accessible via Supra Lockbox.

Location

State GA

County Cobb

Rooms

Basement Crawl Space

Interior

Heating Electric, Central, Forced Air

Cooling Ceiling Fan(s), Central Air, Electric

Fireplaces Number 2

Fireplace Yes

Laundry In Unit

Exterior

Parking Features Off Street, Kitchen Level

Garage Spaces 4.0

Community Features None

Utilities Available Underground Utilities

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces I-75 N , to I-285 West. Travel to Exit 16 onto S Atlanta Rd. Turn Rt on S. Atlanta Rd. Turn left on Cumberland Rd. Turn Right on S Cobb Drive. Turn Right on King Springs Rd. Turn Right onto Springwood Dr.SE. Duplex at the end in the cul-de-sac. Only the Unit on the Right Is Accessible. (Other is Tenant Occupied)

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Schools

Elementary Schools Smyrna

Middle Schools Campbell

High Schools Campbell

Others

HOA Fee Include None

Tax ID 17055300200

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Fixer

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Engel & Völkers Atlanta

+1(404) 845-7724

Engel & Völkers Atlanta

1545 Springwood Drive Southeast DR SE Smyrna, GA 30080

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1545 Springwood Drive Southeast DR SE