Frank Golley

Golley Realty Group LLC
403 W Ponce de Leon Ave
 Suite 118 
Decatur, GA 30030
404-377-4216
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Listing 19 out of 32
Sold for $1,075,000 Sold

887 NE Myrtle St
Atlanta, GA 30309

8 units | Multi Family Home - MLS# 8487163
Property Photo

Sold

Sold for $1,075,000 on Feb 14, 2019

Description

A chance to own this eight units in the heart of Midtown, Atlanta. This is an excellent income generating investment on Myrtle Street. All eight units are rented and they rent very fast whenever vacant. Two very large units upstairs in the main building, three one bedroom and one studio downstairs and 2 studios in the small house in the back. Current annual rent income is $115K with all utilities paid by owner. New HVAC unit, new roof and more upgrades. Investors, don't miss this one. Call Agent at 404 468 1145

Features

  • Property Type: Multi Family Home
  • Sub Type: Apartments (5+ Units)
  • Listing Status: Sold
  • Listing Price: $1,500,000
  • County/Area: Fulton County
  • Zip Code: 30309
  • Year Built: 1920
  • Subdivision/Neighborhood: Midtown
  • Elementary School: Springdale Park
  • Middle School: Inman
  • High School: Grady
  • Stories: 1 Story
  • Units: 8 units
  • Acreage Source: Public Record
  • Annual Electricity (): 5000
  • Annual Gas (): 4788
  • Annual Gross Expense: 40939
  • Annual Gross Income: 115440
  • Annual Insurance: 5860
  • Annual Maintenance (): 3556
  • Annual Water (): 7500
  • Br (Unit 1): 1
  • Br (Unit 2): 1
  • Br (Unit 3): 1
  • Construction: Stucco Real
  • Construction Status: Resale
  • Cooling Source: Electric, Gas
  • Cooling Type: Central
  • Directions: 887 Myrtle Street, NE. Atlanta, Ga 30309
  • District: 14
  • Heating Source: Gas
  • Heating Type: Central
  • Laundry: Coin Laundry
  • Monthly Rent (Unit 1): 1250
  • Monthly Rent (Unit 2): 1080
  • Monthly Rent (Unit 3): 965
  • Monthly Rent (Unit 4): 800
  • Parking: None, Off Street
  • Taxes: 13264.56
  • Unit Number (Unit 1): 1
  • Unit Number (Unit 2): 2
  • Unit Number (Unit 3): 3
  • Unit Number (Unit 4): 4
  • Unit Rent Includes1: Electricity, Garbage, Gas, Water/Sewer
  • Unit Rent Includes2: Electricity, Garbage, Gas, Water/Sewer
  • Unit Rent Includes3: Electricity, Garbage, Gas, Water/Sewer
  • Unit Rent Includes4: Electricity, Garbage, Gas, Water/Sewer
  • Water/Sewer: Public Water, Sewer Connected
  • Sold Date: 2019-02-14 00:00:00
  • Sold Price: 1075000
Courtesy of Maximum One Realty Executives


Golley Realty Group LLC
403 W Ponce de Leon Ave
Suite 118 
Decatur, GA 30030
404-377-4216
Email Us

Testimonials

As a mortgage lender I know and have worked with a lot of GOOD intown Realtors. I chose to work with Frank Golley when we were looking for a primary residence that we knew would not be our forever home. He and I as business associates had talked investment strategy on many occasions plus I saw from the inside how he represented buyers in contract negotiations. We ended up buying a home that was a great fit, wonderful neighborhood and extremely profitable when we sold it 4 years later. Thanks, Frank for exceeding our expectations!

 
Denise Pajak
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