Address
3059 Nottaway Court, Atlanta, GA
Price
$ 699,000
Property Attributes
  • MLS#7369296
  • TypeMulti-Family
  • CountyDEKALB
  • CityAtlanta
  • NeighborhoodNottaway
  • Zip30341
  • Style
  • Year Built1962
  • Taxes$ 8201
  • Price$ 699,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.4 Acres
Data Source:
First Multiple Listing Services (FMLS)
Property Description

Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current lease features a gradual annual increase, starting at $3,600 per month, rising to $3,800, and then $4,000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.

Elementary School Middle School High School
Evansdale Elementary School Henderson - Dekalb Middle School Lakeside - Dekalb High School
Price History
4/16/2024 Listed $699,000

General Features

Sewer Public Sewer
Heating Central,Zoned
Cooling Attic Fan,Central Air,Zoned
Utilities Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Possession See Remarks
Roof Composition
Security Features Carbon Monoxide Detector(s)
Construction Materials Brick 4 Sides
Year Built 1962
View Other
Levels One
Property SubType Other
Tax Year 2023
Gross Income 48000
Waterfront Features No
Community Features None
Accessibility Accessible Closets,Accessible Approach with Ramp
County Dekalb - GA
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Nottaway
Green Energy Generation None
Status Active
Directions GPS Friendly
High School Lakeside - Dekalb
City Atlanta
Body of Water None
Total Units 6
Street Name Nottaway
Elementary School Evansdale
Property Attached Y/N No
Tax Annual Amount 8201
Home Warranty Y/N No
Middle/Junior High School Henderson - Dekalb
Property Condition Resale
Days on Market 2
Standard Status Active
Occupancy Description Tenant
Legal Description PB 31-116

Interior Features

Flooring Brick,Carpet,Ceramic Tile
Furnished Y/N Furnished
Window Features None
Street Suffix Court

Exterior Features

Fencing Back Yard
Parking Features Detached
Lot Features Cul-De-Sac,Level
Water Source Private
Lot Dimensions 154 x 117
Lot Size Acres 0.4
Lot Size Source Public Records

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 30341

Statistics provided by Inside Real Estate

Price
AVG $640K
$700K
Taxes
AVG $7,384
$8,201
Visits
AVG 63
95
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1962

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