Engel & Völkers Atlanta

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$ 758,000

$ 829,000 8.6%

Est. payment -/mo

Sold on 02/13/2024

1079 Tumlin ST NW Atlanta, GA 30318

Name: Open House - 2PM-5PM
Start: 2025-10-19T14:00:00.000Z
End: 2025-10-19T17:00:00.000Z
Location: 518 Main ST, Palmetto, GA 30268

7 Beds

4 Baths

2,448 SqFt

UPDATED:

Key Details

Sold Price $758,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,448 sqft

Price per Sqft $309

Subdivision Home Park

MLS Listing ID 7311302

Style European

Bedrooms 7

Full Baths 4

Year Built 2005

Annual Tax Amount $6,552

Tax Year 2023

Lot Size 4,599 Sqft

Property Sub-Type Single Family Residence

Property Description

GREAT INVESTMENT OPPORTUNITY! Monthly income 4,690. Tenants pay ALL utilities, except RE taxes & insurance. GaTech College & Young professional HOUSE - Ideally located near GA TECH, this property (7 Bedroom, 4 bath + BONUS ROOM) has had Little VACANCIES in years! There are 3 Double-Room Suites that have common room with bathroom include laundry hookups. One room has a private bath. The Additional BONUS room can be converted to 8-th bedroom for Value Add rental. 4 Tenants reside on Top Floor with 3 on Main. Tiled main floor, hardwood stair and some limited carpeting on upper level. There are two HVAC units, one per each floor. This is a MUST SEE, as new upper class-man typically plan to move in every year. The 7 Tenant leases to be honored through May - August, 2024. Easy annual leases typically run Aug-Aug. House has fenced in backyard. Showings by Appointment ONLY. Property is zoned DUPLEX. There is a concrete parking pad for 2 cars on the property. House location is convenient walk to GA TECH campus, Atlantic Station, and much more.