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$1,190,000

Outstanding multifamily investment opportunity in Clarkston. Ten 2-bedroom, 1.5-bath townhome-style units in all-brick buildings, offered together at just $119,000 per unit. All ten units are updated, and eight are completely renovated with new LVP flooring, new kitchens and baths, newer appliances and fresh paint. The roof was just replaced with architectural shingles and a ridge vent system, and five units have brand new HVAC. Every unit includes washer/dryer hookups, and the property is all-electric with no gas service, which keeps utilities low for tenants and is a big reason they stay for years, which they do. Current gross scheduled income is $10,504.70 per month, $126,056.40 annually. Convenient location just minutes from I-285, with easy access to Downtown Decatur, Emory, the CDC, and major employment, shopping and transportation corridors throughout east metro Atlanta. A well-maintained, substantially improved multifamily asset offering scale, consistency and long-term income potential at an attractive per-unit basis.

10853279 MLS

660 Jolly Avenue S, Clarkston

Listing courtesy of Atlas Real Estate Inc..