171 Anderson Atlanta, GA 30314

Multi-Family (2-4 Units) MLS #: 10474687 Courtesy Of Atlanta Leasing & Investment

$475,000

0.23 acres
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Est. Property Tax: $1,032
Estimated monthly payments: $2,162/mo.* (recalculate)

Property InformationDescription

Offered at $475,000 with a CAP rate of 7.5%, this investment property boasts a potential annual gross income of $65,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as an investment property, it includes 8 rooms and 3 bathrooms. The house has a full kitchen, as well as updated features including new HVAC, water heater, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick, Concrete
  • Heating System: Central Furnace
  • Lot Size: 0.23 Acres

MAP & DIRECTIONS

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171 Anderson, Atlanta, GA 30314
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School Information

171 Anderson, Atlanta, GA 30314

Elementary School
Grades KG-8 | Public School
WOODSON PARK ACADEMY
Atlanta, GA 30318
20 Evelyn Way NW
404.­802.7750
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
682
Middle School
Grades KG-8 | Public School
WOODSON PARK ACADEMY
Atlanta, GA 30318
20 Evelyn Way NW
404.­802.7750
Distance: 1.0 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
682
High School
Grades 9-12 | Public School
FREDERICK DOUGLASS HIGH SCHOOL
Atlanta, GA 30318
225 Hamilton E Holmes Dr NW
404.­802.3100
Distance: 1.0 mi
School Rating
D-
Student:Teacher Ratio
15:1
Total Students
1141
Other Nearby Schools Distance Type Grades School Rating
Kipp Atlanta Collegiate Academy 0.2 mi Public 9-12 C
Frank Lebby Stanton Elementary School 0.6 mi Public EE-5 C-
Alphabet House 0.6 mi Private PK-5
J. L. Invictus Academy 1.1 mi Public 6-8 D
Bright Futures Academy 1.2 mi Private 5-12
Greater Atlanta Adventist Academy 1.2 mi Private 9-12
Berean Christian Jr Academy 1.2 mi Private KG-8
Atlanta Smart Academy 1.5 mi Public C-
Kipp Strive Academy 1.5 mi Public 5-8 C-
Kipp Strive Primary School 1.5 mi Public KG-4 C+
Kipp West Atlanta Young Scholars Academy 1.6 mi Public 5-8 D-
Kipp Ways Primary School 1.6 mi Public KG-4 D+
Slam Academy Of Atlanta 1.7 mi Public KG-5 C
Booker T. Washington High School 1.7 mi Public 9-12 D-
Beecher Hills Elementary School 1.8 mi Public PK-5 A
M. Agnes Jones Elementary School 1.8 mi Public EE-5 C+
Peyton Forest Elementary School 1.8 mi Public EE-5 C
William M. Boyd Elementary School 1.8 mi Public EE-5 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlanta, GA 30314

Median Age: 35.9
Married: 13%
Number of Households: 7,117
Households with Children: 26.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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