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$550,000

Est. payment - /mo

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7,579 Sqft Lot

New

5280 Sandtown Center BLVD SW Atlanta, GA 30331

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Quillie Williams

sold@quillie.com +1(678) 573-6100

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status New

Purchase Type For Sale

Subdivision The Summit At Sandtown

MLS Listing ID 10595589

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $6,856

Tax Year 2024

Lot Size 7,579 Sqft

Acres 0.174

Lot Dimensions 7579.44

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Investor Special - Turnkey Rental Income Property - Fully Furnished PadSplit-Style Home! Discover an exceptional income-generating opportunity with this fully furnished, turnkey rental property, currently operating as a PadSplit-style shared housing setup. Designed for maximum cash flow, the home features six individual tenant rooms with weekly rental income. There are no long-term leases in place, offering both flexibility and the potential for high returns through short-term occupancy. Functioning like a multifamily property while maintaining a single-family layout, the tenants share access to a fully equipped kitchen, multiple (2.5) bathrooms, a laundry room, and communal living spaces. Each room is private and lockable, ideal for co-living or workforce housing arrangements. The property has a strong rental history, making it an attractive option for investors seeking immediate cash flow. Even better, the property has an assumable FHA loan at an attractive 4.875% interest rate, giving qualified buyers a rare opportunity to lock in a below-market rate. Creative financing options are welcomed, offering flexibility for both seasoned and first-time investors. Centrally located near major transit routes, employment centers, and local amenities, this property is perfectly positioned to attract and retain tenants. Whether you're expanding your portfolio or entering the rental market for the first time, this unique asset is ready to generate income from day one.

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Ceiling Fan(s), Central Air

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 2.0

Community Features Clubhouse, Playground, Sidewalks, Tennis Court(s)

Utilities Available Other

View Y/N No

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Faces From I-285, Exit Campbellton Rd SW. Head West on Campbellton Rd SW. Right on Boatrock Rd SW. Left into neighborhood - The Summit at Sandtown Center on Sandrock Ln SW. First left on Lakerock Dr SW. Continue to Sandtown Center Blvd SW. Turn Right and house is second home on the right

Sewer Public Sewer

Water Public

Structure Type Brick,Other

New Construction No

Schools

Elementary Schools Randolph

Middle Schools Sandtown

High Schools Westlake

Others

HOA Fee Include Other

Tax ID 14F0091 LL2259

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

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Quillie Williams

Broker Associate | License ID: 204690

+1(678) 573-6100

5280 Sandtown Center BLVD SW Atlanta, GA 30331

Quillie Williams

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

MORTGAGE CALCULATOR

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5280 Sandtown Center BLVD SW