2224 Star Mist Drive SW

    Atlanta, GA 30311
    • $340,000
    • STATUS: Active
    • ON SITE: 21 days
    • MLS #: 6608180
    UPDATED: 16 min ago
    $340,000
    • 3
      BEDS
    • 0.38
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,459
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1960
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    INVESTMENT Cash flow Opportunity FOR INVESTORS near downtown Atlanta! This is a 10 year Triple-Net (NNN) sale/Lease back transaction 7.06% cap rate! No Management Required! Open floor plan, Just renovated ranch style home. Kitchen w/stainless steel appliances & built-in desk. Just minutes to Hartsfield-Jackson & In-Town Atlanta The property is subject to a ten (10) year triple net lease, generating $2,000 per month, with 2% escalations every two (2) years with tenant taking care of all upkeep. The lease will be newly executed at time of closing. Triple-net Lease to be given to the buyer by one of Georgia's well known corporate housing companies,-no management required. This is a SALE/LEASE BACK Tenant pays ALL ownership expenses.

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    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2019 First Multiple Listing Service, Inc. Data last updated 2019-09-18T11:05:31.927. For issues regarding this website, please contact BoomTown.
    www.kennesawlife.com/homes/98387963

    2224 Star Mist Drive SW Atlanta, GA 30311

    • Price: $340,000
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 6608180
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.38
    Acres
    1,459
    SQFT
    $233
    $/SQFT
    1960
    Built
    Neighborhood:
    Star Mist
    County:
    Fulton
    Area:
    31 - Fulton South
    Elementary School:
    Kimberly
    Middle School:
    Bunche
    High School:
    Therrell
    Property Description
    INVESTMENT Cash flow Opportunity FOR INVESTORS near downtown Atlanta! This is a 10 year Triple-Net (NNN) sale/Lease back transaction 7.06% cap rate! No Management Required! Open floor plan, Just renovated ranch style home. Kitchen w/stainless steel appliances & built-in desk. Just minutes to Hartsfield-Jackson & In-Town Atlanta The property is subject to a ten (10) year triple net lease, generating $2,000 per month, with 2% escalations every two (2) years with tenant taking care of all upkeep. The lease will be newly executed at time of closing. Triple-net Lease to be given to the buyer by one of Georgia's well known corporate housing companies,-no management required. This is a SALE/LEASE BACK Tenant pays ALL ownership expenses.
    Exterior Features

    Architectural Style Ranch Construction Materials Brick 4 Sides Dock None Exterior Features None Fencing Back YardChain Link Horse Amenities None Lot Features Back Yard Number Of Parking Spaces 0 Other Structures None Parking Features None Patio And Porch Features Front PorchRear Porch Pool Features None Road Surface AsphaltPaved Road Type State Road Roof Type Shingle Stories One View Other Water On Land None Waterfront Features None

    Interior Features

    Additional Rooms Den Appliances DishwasherElectric CooktopMicrowave Basement Crawl SpaceExterior Entry Bedroom Features Master On MainOversized Master Cooling Ceiling Fan(S)Central Air Dining Room Features None Fireplace Features None Flooring Hardwood Heating Natural Gas Interior Features Other Kitchen Features Cabinets WhiteKitchen IslandStone CountersView To Family Room Laundry Features Main Level Lower Bedrooms 0 Lower Full Baths 0 Lower Half Baths 0 Main Bedrooms 3 Main Full Baths 2 Main Half Baths 0 Master Bathroom Features Double VanityTub/Shower Combo Number Of Fireplaces 0 Upper Bedrooms 0 Upper Full Baths 0 Upper Half Baths 0

    Property Features

    Accessibility Features Accessible Electrical And Environmental Controls Association Fee Frequency Annually Association YN No Builder Name None Carport Or Garage 0 Common Walls No Common Walls Community Features Public TransportationStreet Lights Green Energy Efficient None Hers Index Rating Available No Hoa Rent Restrictions No Home Warranty Yes Lake Name None Lot Size Dimensions X Master Association Fee 0 Master Association Fee Frequency Monthly Number Of Carport Spaces 0 Other Equipment None Owner Financing No Property Condition Updated/Remodeled Security Features None Sewer Public Sewer Spa Features None Special Circumstances None Special Listing Conditions None Swim Tennis Fee Due None Tax Year 2018 Taxes 56.00 Type Single Family Residence Utilities Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Waterfront Footage 0

    Listing provided courtesy of Keller Williams Rlty, First Atlanta.


    Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2019 First Multiple Listing Service, Inc. Data last updated 2019-09-18T11:05:31.927. For issues regarding this website, please contact BoomTown.
     
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    Kennesaw GA, 30152