$695,000
For Sale

2483 Memorial Drive SE

Atlanta, GA 30317
7 beds | 3.5 baths | 0.13 acres | #7507272
Browse 12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don't miss this opportunity to own a turnkey investment property with proven results!

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available, Sewer Available, Water Available
      • InteriorHigh Ceilings 10 ft Main, Vaulted Ceiling(s), Walk-In Closet(s)
      • Property SubtypeSingle Family Residence
      • Lot DescriptionBack Yard, Front Yard
      • Middle SchoolMartin L. King Jr.
      • High SchoolMaynard Jackson
      • Fence DescriptionBack Yard, Wood
      • Elementary SchoolFred A. Toomer
      • Utility SourcePublic, Other
      • ViewNeighborhood
      • Exterior MaterialsRain Gutters
      • Sewer InformationPublic Sewer
      • StyleTraditional
      • Basement DescriptionCrawl Space
      • CountyDekalb - GA
      • SubdivisionEast Lake
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$695,000
      • MLS #7507272
      • MLS #7507272
      • Taxes Annual$2,884
      • Cost695000
      • Property ConditionResale
      • Acres0.13
      • Year Built1937
      • Bathrooms3.5
      • Bedrooms7
      • Full Baths3
      • Half Baths1
      • Bedrooms on Main Level3
      • Basement1
      • Master on Main1

Location

Charles H ShockeyReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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