3059 Nottaway CT Active Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30341
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Nottaway
MLS Listing ID 7369296
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1962
Annual Tax Amount $8,201
Tax Year 2023
Lot Size 0.400 Acres
Acres 0.4
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 lease features a gradual annual increase, starting at $3,600 per month, rising to $3,800, and then $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 Brick,Carpet,Ceramic Tile
Window Features None
Exterior
Garage Detached
Fence Back Yard
Community Features None
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Underground Utilities,Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility Accessible Closets,Accessible Approach with Ramp
Handicap Access Accessible Closets,Accessible Approach with Ramp
Private Pool false
Building
Lot Description Cul-De-Sac,Level
Story One
Sewer Public Sewer
Water Private
Level or Stories One
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Evansdale
Middle Schools Henderson - Dekalb
High Schools Lakeside - Dekalb
Others
Senior Community no
Tax ID 18 285 03 020
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA
Special Listing Condition None