Homes for sale - 3059 Nottaway CT, Atlanta, GA 30341

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Nottaway

MLS Listing ID 7537542

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1962

Annual Tax Amount $8,556

Tax Year 2024

Lot Size 0.420 Acres

Acres 0.42

Property Sub-Type Other

Property Description

Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current 3 year lease features a gradual annual increase, starting at $3,800 per month, rising to $4,000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.

Location

State GA

County Dekalb

Lake Name None

Interior

Heating Central,Zoned

Cooling Attic Fan,Central Air,Zoned

Flooring Ceramic Tile,Hardwood

Window Features None

Exterior

Parking Features Detached

Fence Back Yard

Community Features None

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

Waterfront Description None

View Other

Roof Type Composition

Accessibility Accessible Approach with Ramp,Accessible Bedroom,Accessible Closets

Handicap Access Accessible Approach with Ramp,Accessible Bedroom,Accessible Closets

Total Parking Spaces 5

Private Pool false

Building

Lot Description Cul-De-Sac

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

New Construction No

Construction Status Resale

Schools

Elementary Schools Avondale

Middle Schools Henderson - Dekalb

High Schools Lakeside - Dekalb

Others

Senior Community no

Tax ID 18 285 03 020

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None