120 Howard Street SE
Atlanta, GA 30317
0.29 acres | #7559337
Description
2 unit property with option to add a third unit. 1 block from downtown Kirkwood restaurants! The main house (Unit A) is a just renovated 3 bed 2 bath bungalow with original hardwood floors, open concept kitchen and 10 foot ceilings. It's currently a successful Airbnb. Furnishings and future bookings can stay with the property at an additional cost. Or all furniture can be removed and future bookings cancelled. Long term rent comps for the main house are +/-$3,600/month. Unit B is a new construction, 750 sf, 2 bed, 2 bath Accessory Dwelling Unit (ADU). The ADU is currently leased for $2,725 a month. The lease can be terminated. The units share a double-wide (20ft) driveway with parking for 4 cars. Huge corner lot that's 270 feet deep! There's upside potential by adding a third unit as a guest house or tiny house on wheels. Enjoy a 6%+ cap rate in a neighborhood that has been appreciating faster than other parts of Atlanta.
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available, Sewer Available, Water Available
- Fence DescriptionBack Yard, Front Yard
- Parking FeaturesDetached, Driveway
- Middle SchoolMartin L. King Jr.
- Property ConditionUpdated/Remodeled
- High SchoolMaynard Jackson
- Elementary SchoolFred A. Toomer
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- CountyDekalb - GA
- Lot DescriptionCorner Lot
- Original List Price$1,049,000
- Parking TypeDriveway
- SubdivisionKirkwood
- MLS #7559337
- Cost1049000
- MLS #7559337
- Utility SourcePublic
- Taxes Annual$1,880
- Property SubtypeDuplex
- ViewCity
- Acres0.29
- Year Built1910
Location
Legal
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Last Updated: . Source: FMLS
Listing Courtesy
Listing Agent: David Holcombe (#DAVIDHOLC)
Listing Office: Keller Knapp (#KEKN01)
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