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The Atlantic

ownatlantic@evatlanta.com +1(404) 946-8363

$ 550,000

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5280 Sandtown Center BLVD SW Atlanta, GA 30331

7,583 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision The Summit At Sandtown

MLS Listing ID 7641059

Construction Status Resale

HOA Y/N No

Year Built 2005

Annual Tax Amount $6,856

Tax Year 2024

Lot Size 7,583 Sqft

Acres 0.1741

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Investor Special – Turnkey Rental Income Property – Fully Furnished PadSplit-Style Home! Discover an exceptional income-generating opportunity with this fully furnished, turnkey rental property, currently operating as a PadSplit-style shared housing setup. Designed for maximum cash flow, the home features six individual tenant rooms with weekly rental income. There are no long-term leases in place, offering both flexibility and the potential for high returns through short-term occupancy. Functioning like a multifamily property while maintaining a single-family layout, the tenants share access to a fully equipped kitchen, multiple (2.5) bathrooms, a laundry room, and communal living spaces. Each room is private and lockable, ideal for co-living or workforce housing arrangements. The property has a strong rental history, making it an attractive option for investors seeking immediate cash flow. Even better, the property has an assumable FHA loan at an attractive 4.875% interest rate, giving qualified buyers a rare opportunity to lock in a below-market rate. Creative financing options are welcomed, offering flexibility for both seasoned and first-time investors. Centrally located near major transit routes, employment centers, and local amenities, this property is perfectly positioned to attract and retain tenants. Whether you're expanding your portfolio or entering the rental market for the first time, this unique asset is ready to generate income from day one.

Location

State GA

County Fulton

Area The Summit At Sandtown

Lake Name None

Interior

Heating Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Hardwood, Tile

Window Features None

Exterior

Parking Features Driveway, Garage

Fence None

Community Features Clubhouse, Homeowners Assoc, Playground, Sidewalks, Tennis Court(s)

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

Waterfront Description None

View Y/N Yes

View Other

Roof Type Composition,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Other

Story Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick 3 Sides,Cement Siding,Other

Construction Status Resale

Schools

Elementary Schools Randolph

Middle Schools Sandtown

High Schools Westlake

Others

Senior Community no

Tax ID 14F0091 LL2259

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by RE/MAX Around Atlanta

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The Atlantic

+1(404) 946-8363

The Atlantic

5280 Sandtown Center BLVD SW Atlanta, GA 30331

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5280 Sandtown Center BLVD SW