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Key Details
Sold Price $312,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hapeville
MLS Listing ID 7169077
Sold Date 04/17/23
Construction Status Fixer
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1959
Annual Tax Amount $2,128
Tax Year 2022
Lot Size 6,764 Sqft
Acres 0.1553
Property Description
Investor-minded buyers - THIS ONE IS FOR YOU! You've probably heard, #Hapeville is RISING - NOW is the time to get in on the ground floor. This is an all brick duplex, that is ready to be updated. Each side has 2 bedrooms/1 bathroom and a 2 car drive under garage/workshop. Value-added opportunity as some TLC needed to reach its $390K+ ARV. Flexible investment options: do a 203K loan and move in on one side & reduce your mortgage by renting out/or AirBnb the other side OR rent out both sides & generate instant cash flow. Located in a vibrant and artsy, walkable/golf cart community - the best thing about this property is its HOT LOCATION. Hapeville is the home of Delta Airlines and Wells Fargo Corporate Offices, and Porsche International Headquarters. Flanked by I-75 and I-85 it's a 3 minute ride share to Hartsfield Jackson Airport, 10 minutes to downtown. This duplex is located a short walk/bike ride to the village's host of local eateries, coffee shops, the MASSIVE new Chic-fila Dwarf House Diner, Arches Brewing, The Academy Theatre, Cross Fit gyms, award winning public library and green spaces to include skateboard and dog parks and soon-to-come community splash pad powered by a natural spring that runs underground. Walk out your door and enjoy concerts and movies in the park, drag bingo, comedy and car shows. By the way, it is one of the only legal Golf Cart communities in ITP; making it even more of a fun place to live! Hapeville is a quiet established artsy and vibrant village with an active Police and Fire Department presence. It has apprx 6500 residents; on the verge of historic population growth forecasted to reach apprx 9000 by 2026. New commercial and residential construction projects can be found around every corner, to include THREE Luxury Apartment Communities, 1 Luxury Townhouse Rental Community and a new 5 story building which will be the Headquarters of Atlanta Postal Credit Union. It has gained a lot of media attention recently; read about Hapeville in The AJC, Atlanta Journal-Constitution, ATL Biz Chronicle, ATL Eater, Urbanize ATL, and our Arches Brewing was voted as one of the Top Ten Breweries/Beer Gardens in ATL. Sold As-Is Where Is
Location
State GA
County Fulton
Lake Name None
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Vinyl
Window Features None
Exterior
Garage Attached, Garage
Fence None
Community Features Near Marta, Near Schools, Near Shopping, Park, Playground, Public Transportation, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Composition
Accessibility Accessible Full Bath
Handicap Access Accessible Full Bath
Parking Type Attached, Garage
Total Parking Spaces 2
Building
Lot Description Corner Lot
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Fixer
Schools
Elementary Schools Hapeville
Middle Schools Paul D. West
High Schools Tri-Cities
Others
Senior Community no
Tax ID 14 009400070654
Acceptable Financing Cash, Conventional, FHA 203(k)
Listing Terms Cash, Conventional, FHA 203(k)
Special Listing Condition None
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Bought with Volare Residential Brokerage, LLC