I have a listing coming up in the next few weeks that I wanted to give you a heads up on as it may be a great investment opportunity. It is located at 1241 Lyndale Dr, Atlanta 30316, just under a mile to East Atlanta Village. Features are:
– it’s a 4 bedroom/3 full bath configured as 2 units (2/1 & 2/2).
– each unit has it’s own garage.
– large lot with a huge side yard.
It may be a great for opportunity because each unit can be rented separately (the only thing they share is the common space laundry room) SO, there are several options…
#1 Rent out the “main house” of the 2/1 for probably (market comparable) $1500/month and the 2/2 apartment you can airbnb or other temporary renters (like film industry) who may want a furnished unit for over $1500/month, possibly $3000/month for this 2/2. Which could bring total monthly income for both units to potentially $4500/month.
#2 Furnish and rent both units out on airbnb or film industry and have potential for up to $6000/month income.
#3 Live in one of the units and rent out the other
With any of these options, you can basically cover the mortgage and have significant income.
Again, this property is NOT LISTED YET so if you are interested, let me know asap and I can get you inside to check it out. It is a great investment opportunity. Purchase price of $350,000. Call me if you are interested 404-433-2120