2180 Larchwood Street SW, Atlanta, GA 30310 | HotPads
Loreal:
This pad expired on 1/12/16.

$29,900

No longer available
4 beds
2 baths
1,087 sqft

2180 Larchwood Street SW
Atlanta, GA 30310

House

Description
We've got a Income producing 3/2 in Atlanta 30311. This property is occupied with a section 8 tenant producing $880 a month, guaranteed.. Its located right of I-20 right by Westview cemetary. Marta bus stops are walking distance from the house. Tenant appears to take good care of the property, annual inspections are done by section 8 to insure everything is in working condition. With the purchase price and cash flow of this proeprty, this should be a no brainer! This would give you a very good return on your money, especially with the low property taxes xa xa;Estimated ROI Purchase price - $29900 Rent - $880x12 = $10560 Estimated Property management - $88x12 = $1056 Estimated Insurance $600 2014 Property taxes - $307 Estimated Net rental income - $8597 Estimated NET ROI - $8597/$29900 = 29%
Amenities
Property amenities
  • Architecture Style: Bungalow
  • Attic
  • Exterior Type: Wood
  • High School: Douglass High School
  • Room Count: 6
  • Stories: 1
  • Year Built: 1969
    Pricing comparison
    $27,508
    This 4 bedroom home is listed at $29,900, while 4 bedroom homes...
  • in Florida Heights go for $57,408.
  • in Atlanta go for $58,006.
  • in Fulton County go for $57,707.
  • in 30310 go for $55,016.
  • This listing is cheaper than the average 4 bedroom home in Florida Heights by $27,508.
    Nearby schools
    This sale at 2180 Larchwood Street SW is within the boundaries of Atlanta Public Schools (Unified School District).
    University
    Georgia Institute Of Technology Main Campus
    College
    Morehouse School Of Medicine
    College
    Morehouse College
    College
    Showing 3 of 3 universities.
    School attendance boundaries are constantly changing and may contain errors. Always verify them with school administration before making any commitments relating to this property. GreatSchools ratings are here to help you compare schools, but don’t let this be the only factor in selecting the right school for your kids. Learn more.