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Beautiful Atlanta House tenanted at $950 per month!
Date & Time Listed: 2014-10-06 10:19:11 (GMT)
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Ad Details:
Setback on a leafy street with decent neighboring houses, it's a property that is highly desirable to tenants and buyers alike. It's been fully refurbished as can be seen from pictures and in fact has just had a tenant sign a lease.
It's a three bedroom property that offers one full bathroom and one partial bathroom. There are 5 rooms plus an improved basement. It was built in 1962.
The front door leads up short flight of stairs to a spacious open plan living and kitchen area, off which is a bathroom and bedrooms. There is a back door out onto the wooden Veranda, which has lovely views over the wooded gardens.
Downstairs is a very impressive basement, fully clad and with door to the outside. It's been refurbished and newly carpeted and has air conditioning. Heating for the rest of property is the usual forced air system.
With its full house width Veranda supported by tall uprights, the property harks to the classic colonial style of Georgia and it makes for a very attractive front. With the professional refurbishment inside with neutral light colors, it offers very smart accommodation and is not surprising the property was snapped up by a tenant.
As this is a significant property of just over 2,000 sq.ft, in a good area not far from the area's major employer, the international airport, you can't expect to buy such a place for little. The sale price of $74,000 is, in our view, very reasonable for the investor who is looking for a more substantial and better quality investment property in an area of proven desirability. Rent is $11,400 a year, and after costs this produces a very healthy 12.33%.
With finance becoming more readily available as lending terms are normalized, the prospect of the foreign investor refinancing is now better. This offers the prospect of pulling out the majority of your capital in the future, and still gaining the capital price increases are likely on this property.
Other Details:
Number of Bedrooms: 3
Number of Bathrooms: 1
Price: 455,000.00 CNY
Keywords:
atlanta property, chinasplash atlanta, atlanta turnkey property, cheap atlanta houses, chinasplash international property houses, chinasplash atlanta houses
For more details about this listing please click here to access the webpage provided by listing owner.
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