482 Maynard Terrace Se Atlanta , GA 30316

Courtesy of Josh Stanton, Keller Williams Realty Metro Atlanta 404-564-5560

Description

8 Beds
2 Baths
1,887 Sqft
13,503 Sqft lot
0.31 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1948
Neighborhood: Glenwood Acres
Days on Website: 40
Seize this rare chance to acquire a high-potential coliving investment property in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing rentals in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.

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Property Details and Features

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