Step into an exceptional investment opportunity with this beautifully updated 2,400 sq. ft. property in sought-after Niskey Lake! Investors will love the solid 10% return, while homeowners can enjoy the potential to live rent-free. This split level features two meticulously maintained units: Floor One boasts 3 bedrooms, 1 bathrooms, luxurious marble countertops, full-sized kitchen, and a spacious outdoor deck, perfect for relaxation. Floor 2 offers 2 bedrooms, 1 bathroom, a full-sized kitchen, and a cozy fireplace, with a serene patio. With a Net Operating Income of over $31,000 and a solid 10% cap rate, this turnkey property is an investor's dream. Enjoy peace of mind with a home warranty valid for one year. Perfectly located just 15 minutes from Hartsfield-Jackson Airport, Tyler Perry Studios, and Camp Creek Marketplace, this property offers convenience and charm. Submit all offers with Proof of Funds or Financing Pre-Qualification. Tenants are already in place, so please **DO NOT DISTURB THEM**. Showings will be available during due diligence. Don't let this incredible opportunity slip away!
Property Details
Property Features
Property Information:
Year Built: 1973
Listing Office:
Office Name: Compass
Office Phone: (404) 668-6621
Listing Agent: Arnee Harrison
Interior Features
Interior Information:
Flooring Type: Laminate
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot: Sloped
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Please use GPS for optimal results.
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Tax Information:
Annual Amount: $2,295
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Atlanta, GA.
This property is $96.4K less than the Median Sold Price in Atlanta, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7445392
Listing Office:
Office Name: Compass
Office Phone: (404) 668-6621
Listing Agent: Arnee Harrison
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
A. Philip Randolph Elementary
5320 Campbellton Rd SW
Distance between this listing and this school1.22 miles
Public District Grades PK-5
4
/10
Fickett Elementary School
3935 Rux Rd SW
Distance between this listing and this school1.37 miles
Public District Grades EE-5
3
/10
Deerwood Academy
3070 Fairburn Rd SW
Distance between this listing and this school2.74 miles
Public District Grades PK-5
Nearby Schools
3
/10
Ralph J. Bunche Middle School
1925 Niskey Lake Rd SW
Distance between this listing and this school0.55 miles
Public District Grades 6-8
6
/10
Sandtown Middle School
5400 Campbellton Rd SW
Distance between this listing and this school1.25 miles
Public District Grades 6-8
3
/10
Young Middle School
3116 Benjamin E Mays Dr SW
Distance between this listing and this school3.52 miles
Public District Grades 6-8
Nearby Schools
5
/10
Westlake High School
2400 Union Rd SW
Distance between this listing and this school2.30 miles
Public District Grades 9-12
3
/10
D. M. Therrell High School
3099 Panther Trl SW
Distance between this listing and this school2.89 miles
Public District Grades 9-12
2
/10
Benjamin E. Mays High School
3450 Benjamin E Mays Dr SW
Distance between this listing and this school2.94 miles
The neighbors living near this home have an average income of $68,269. Residents of Atlanta, GA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 1455 Helen Ln SW in Atlanta, GA and zip code 30331 in the Southwestern Atlanta neighborhood. This home, which was built in 1973, sits on a 0.25 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $325,000.
While more than 184 listings in Atlanta, GA in October 2024 were sold above asking price, there were more than 249 listings sold at asking price, and more than 591 were sold below. The number of homes for sale in Atlanta, GA increased by 15.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 49 days, the median list price was $421,449.
From Rocket Homes Real Estate and based on county public records data.