GREAT INVESTMENT OPPORTUNITY W/ TENANTS IN PLACE PAYING $1,150. THIS PROPERTY WILL NOT LAST! THE CAP RATE IS 7.6%. EXCELLENT TENANTS THAT PAY ON TIME AND HAVE LIVED THERE FOR 4 YEARS. THEIR LEASE ENDS 02/28/2021. THE MARKET RENT IS $1,300-$1,400. COMPLETELY RENOVATED TOWNHOME IN THE HEART OF SANDY SPRINGS! GORGEOUS KITCHEN WITH SS APPLS, BEAUTIFUL CABINETRY, TILED BACKSPLASH & GRANITE C’TOPS, GREAT ROOM W/FP, FENCED BACKYARD, TONS OF STORAGE SPACE! MASTER STE W/UPGRADED PRIV BATH. THIS COMMUNITY HAS NO HOA. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE DURING DUE DILIGENCE. SELLER ALSO IS SELLING 487 GRANITE RIDGE PLACE (THE TOWNHOME NEXT DOOR TO 485), SO THIS CAN BE SOLD AS A PACKAGE DEAL. 487 GRANITE RIDGE HAS JUST BEEN COMPLETELY RENOVATED AND THE MARKET RENT IS $1,400, AND IS AVAILABLE FOR IMMEDIATE OCCUPANCY.
THIS UNIT WAS BUILT FROM THE GROUND UP DUE TO FIRE IN 2013 SO UNIT IS ONLY 7 YEARS OLD.
487 GRANITE IS ON LOCKBOX AND CAN BE SHOWN ANYTIME. USE SHOWING TIME.