1923 Dellwood Drive NW

Atlanta, GA 30309


Status: Sold

  • 6 Bedrooms
  • 4 Full Bathrooms
  • MLS#5153643
Investment property in fantastic Buckhead neighborhood, adjacent to Tanyard Creek Park and new Beltline PATH. Triplex has 3 bdr 2 bath townhome, 2 bdr 1 bath on main, and 1 bdr terrace level apt. Current leases, with >$40K annual rents, and >$22K annual net income. Over a 5% cap rate. Serious investors only. These are wonderful tenants with multi-year leases that want to stay, so no disruptions, please. Leases have a 9% rent increase in 2014, making a 6% cap rate. Low maintenance property, superb location.
ConstructionBrick 4 Sides
Built In1952
ParkingDriveway, Level Driveway
ServicesHomeowners Association, Near Marta, Park, Sidewalks, Street Lights
UtilitiesCable Available
SewerPublic Sewer
Lot DescriptionLevel
Lot Dimensions78x13x214x109x283
Elementary Rivers
Junior Sutton
High North Atlanta

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First Multiple Listing Service

Sold By: Harry Norman Realtors 404-261-2700

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Data Last updated on May 30, 2023 3:40pm