Looking for cashflow? You found it! This turnkey coliving rental property generates $3,800 per month, and is a 9.5% cap rate when you factor expenses. A seasoned PadSplit, this home is in a great location close to expressways, shopping, and public transportation. This property is sold leased to a PadSplit LLC, and it can be terminated with 30 day notice by the landlord. An experienced Superhost is also available, making this property ideal for any investor, no matter their capacity. This house is set up with 7 rooms, as the dining room, living room, and bonus room have been converted to bedrooms. PadSplit helps members save money and live closer to work, while providing 2x returns to investors compared to a typical rental. Google “PadSplit hosts” to learn more.

Date Added: 6/9/23 at 5:00 am
Last Update: 9/22/23 at 4:38 pm

Interior

  • GeneralOther
  • RoomsOther
  • AppliancesDishwasher, Dryer, Electric Cooktop, Gas Oven, Microwave, Washer
  • LaundryCommon Area, Lower Level
  • BasementNone
  • FlooringHardwood
  • A/CCentral Air
  • HeatingForced Air, Natural Gas
  • FireplaceNone, Fireplaces: 0
  • Disability FeatureNone
  • Eco/Green FeatureNone, None

Exterior

  • GeneralRain Gutters, Rear Stairs, None, None
  • StyleTraditional
  • PoolNone
  • ParkingDriveway, Level Driveway

Construction

  • RoofingComposition, Shingle
  • WindowsNone
  • GeneralBrick 3 Sides, Brick Front, Concrete, Multi/ Split, Block

Location

  • Road/AccessOther
  • Originating MLSFirst Multiple Listing Service
  • CountyDekalb - GA
  • HOA Amenities0.0

Lot

  • Zoning-, 15 189 05 019
  • ViewOther
  • FencingBack Yard, Wood
  • Current UseResidential

Utilities

  • UtilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available, Other
  • WaterPublic
  • SewerPublic Sewer

Financial

  • SourceFirst Multiple Listing Service, First Multiple Listing Service

Schools

  • DistrictDeKalb County School District
  • ElementarySnapfinger
  • MiddleColumbia - Dekalb
  • HighColumbia

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