1174 Princess Avenue Sw Atlanta , GA 30310

Courtesy of JEILL HOWELL, First United Realty, Inc. 678-743-1669

Description

3 Beds
2 full, 1 half Baths
1,550 Sqft
2,901 Sqft lot
0.07 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1930
Neighborhood: Oakland City
Days on Website: 47
Turnkey Cash-Flow Rental – Guaranteed Income Investor’s Dream! This fully renovated 3BR/2.5BA single-family 3 story home is a turnkey rental with a stable long-term tenant already in place, paying $2,500/month via Grady Hospital Behavioral Health (Section 8 program). * Income-Producing from Day 1: Gross Cap Rate ~9.5%. *Government-backed rental income * Tenant has been in place for 2+ years and wants to stay. * Rent paid on time every month through Grady’s Behavioral Health housing program. **Renovated Down to the Studs (2022): Brand new roof, HVAC, furnace, electrical, plumbing, new flooring, drywall, insulation, kitchen, and baths, modern finishes = low maintenance for years to come, ***Turnkey & Hands-Off: Newly Renovated. * Reliable program-backed tenant, Low-maintenance asset for long-term buy-and-hold strategy. Perfect for: In town or Out-of-state investors seeking strong cash flow. Landlords wanting passive, predictable income. Don’t miss this high-yield, low-hassle Atlanta investment! ****. Blocks from the Belt-line, Lee & White District (Wild Heaven Brewing and Monday Night Garage) all the Belt-line restaurants. Near I-75/I-85, abundant green-space, and minutes from Downtown Atlanta's shopping, restaurants, and nightlife, Hartsfield Atlanta International Airport, the Beltline.

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