Atlanta, GA 30315,2794 7th ST SW
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Atlanta, GA 30315,2794 7th ST SW
Atlanta, GA 30315,2794 7th ST SW
Atlanta, GA 30315,2794 7th ST SW
Atlanta, GA 30315,2794 7th ST SW
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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724
$ 325,000
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2794 7th ST SW Atlanta, GA 30315

8,886 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family,Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Slaton Manor Condo

MLS Listing ID 10633270

HOA Y/N Yes

Year Built 1932

Annual Tax Amount $1,142

Tax Year 22

Lot Size 8,886 Sqft

Acres 0.204

Lot Dimensions 8886.24

Property Sub-Type Multi Family,Duplex

Source Georgia MLS 2

Property Description

Investors & Landlords - Cash Flowing Opportunity. Currently generating $3,225 per month with qualified long-term tenants who have strong income and stable employment. The property was upgraded approximately one year ago. Unit A (Front Unit): * Rent: $1,850/month * Lease term under one year * Tenant has excellent income, strong rental history, and earns over 3x the rent * Tenant previously occupied the rear unit and transferred to the larger front unit in December 2025 Unit B (Rear Unit): * Rent: $1,375/month total * Tenant pays $687.50 bi-monthly * Excellent prior rental history * Tenant earns approximately 2.5x the rent All tenants have been fully vetted and screened, with verified income and solid rental history. Value-Add Opportunity Seller proposed converting the basement into a 5-bedroom rooming house, producing approximately $2,500 per month($500 per room). * Total projected gross monthly income after conversion: $5,725 * Seller has proposed drawings/layout for the basement rooming house * Seller's contractor provided an estimated bid of $20,000 for basic mid-grade rental renovations * Proposed layout includes one mini kitchen and two bathrooms

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Bath/Stubbed

Interior

Heating Central, Common, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Off Street

Community Features Near Public Transport, Near Shopping

Utilities Available Electricity Individual Meters, Gas Individual Meters

View Y/N No

Garage No

Private Pool No

Building

Faces GPS Friendly

Foundation Block, Pillar/Post/Pier

Sewer Public Sewer

Water Public

Structure Type Brick,Log,Vinyl Siding,Wood Siding

New Construction No

Schools

Elementary Schools E C West

Middle Schools Crabapple

High Schools South Atlanta

Others

HOA Fee Include Trash

Tax ID 14 009300020270

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale


Georgia MLS - GAMLS

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Engel & Völkers Atlanta

Engel & Völkers Atlanta

+1(404) 845-7724

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2794 7th ST SW