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$295,000
16 Days On Site

663 Magnolia Street NW
Atlanta, GA 30314

For Sale|Residential Income|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1998
Built
Subdivision:
Vine City
County:
Fulton

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(404) 377-9000
663 Magnolia Street NW
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Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!

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Listing Snapshot
Price 
$295,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1998
MLS® Number 
7493893
Status 
Active Under Contract
Property Tax 
$4,168
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.1
Number Of Stories 
2
Parking 
Parking Lot
Security 
Carbon Monoxide Detector(s)
Sewer 
Public Sewer
Stories 
Two
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Central Air
Flooring 
LaminateVinylOther
Furnished 
Unfurnished
Heating 
Natural Gas
Window Features 
Insulated Windows
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Exterior Features
Construction Details 
Aluminum SidingVinyl Siding
Fencing 
None
Lot Features 
LevelOther
Roof 
CompositionShingle
View 
Other
Waterfront Features 
None
Waterview 
Other
Windows/Doors 
Insulated Windows
Community Features
Community Features 
Other
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
M.R. Hollis Innovation Academy
Middle School
M.R. Hollis Innovation Academy
High School
Booker T. Washington
Listing Provided Courtesy Of: Hillary Dukes of Berkshire Hathaway HomeServices Georgia Properties hillary.dukes@bhhsgeorgia.com

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Neighborhood & Commute
Source: Walkscore
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