3116 Delmar Lane Northwest

Atlanta, GA 30311

$305,000
Price
7
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Calling all Investors looking for immediate Cash Flow! This 7- bedroom 4-bathroom home is currently occupied and generating monthly cash flow. With a potential NOI of over $36,000 / year, it's the right one to add to your portfolio. Recently renovated with new flooring, fresh interior paint, and hardwood floors. Currently rents as an Eldercare Home , so take advantage of the opportunity to earn monthly passive income. Close to the airport and downtown Atlanta. Only showing during due diligence. Do...Calling all Investors looking for immediate Cash Flow! This 7- bedroom 4-bathroom home is currently occupied and generating monthly cash flow. With a potential NOI of over $36,000 / year, it's the right one to add to your portfolio. Recently renovated with new flooring, fresh interior paint, and hardwood floors. Currently rents as an Eldercare Home , so take advantage of the opportunity to earn monthly passive income. Close to the airport and downtown Atlanta. Only showing during due diligence. Do not disturb tenants.
  1. Listed by Shaunette Young • RE/MAX Legends

Property Details for 3116 Delmar Lane Northwest

Subdivision Complex
Delmar Park
Num Of Parking Spaces
4
Parking Features
Driveway, Level Driveway
Property Attached
No
Waterfront Features
None
Furnished
Furnished

Location

Listing Courtesy of RE/MAX Legends, Shaunette Young
Add your commute
LISTING UPDATED: 05/31/2024 08:56 AM

Property Details for 3116 Delmar Lane Northwest

StatusActive
MLS #7378474
Days on Market32
Taxes$2,911 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Other
Year Built1962
Lot Size0.17 AC / 7,501 SF
CountyFulton County

Location

Listing Courtesy of RE/MAX Legends, Shaunette Young
Add your commute

Building Information for 3116 Delmar Lane Northwest

Stories2Residences1Year Built1962Building Size-Lot Size0.17 AC / 7,501 SF

Payment Calculator

$1,907 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,665

Property Taxes

$243

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3116 Delmar Lane Northwest

Summary
Location and General Information
  • Community Features: None
  • Directions: GPS Friendly
  • Lake Name: None
  • View: City
  • Coordinates: -84.48928, 33.755492
Taxes and HOA Information
  • Parcel Number: 14 023800060199
  • Tax Year: 2023
  • Association: No
  • Block: 0
  • Tax Legal Description: 8
  • Tax Lot: 0
School Information
  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Cascade
  • High School: Frederick Douglass
  • Middle School: John Lewis Invictus Academy/Harper-Archer
Parking
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Laminate
  • Levels/Stories: Two
  • Window Features: Insulated Windows
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick
  • Dock: None
  • Fencing: None
  • Roof Type: Composition
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Phone Available,Water Available
  • Water Source: Public
Property and Assessments
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional, Other
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 0
  • Lot Features: Level
  • Acreage Source: Public Records
  • Waterfront Footage: 0.0
Multi Family
Multi-Family Information
  • Unit Count: 1
  • NUM OF UNITS: 1
Unit 1
  • Unit Deposit Amount: $100.00
  • Unit Electric Included: Yes
  • Unit Features: Central Air, Furnished, Refrigerator, Smoke Alarm
  • Unit Garbage Included: Yes
  • Unit Gas Included: Yes
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: Yes
  • Unit Rent Amount: $3,000.00
  • Unit Full Baths: 4
  • Unit Bedrooms: 7
Rental
Rent Information
  • Occupant Types: Tenant

Property History for 3116 Delmar Lane Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3116 Delmar Lane Northwest

Taxable ValueLand$31,200Additions$39,880Total$71,080
Tax Record2023$2,943 ($245 / month)
Home Facts
Beds3Baths1Total Finished SqFt925 SqFtAbove Grade Finished SqFt925 SqFtStories1Lot Size7,492 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1985ZoningR4CountyFULTONAPN14 023800060199

Schools near 3116 Delmar Lane Northwest

This home is within Atlanta Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 7
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harper-Archer Elementary School
PublicPK to 5

John Lewis Invictus Academy
Public6 to 7

Douglass High School
Public9 to 12

Fain Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3116 Delmar Lane Northwest is a multi-family home for sale in Atlanta, GA 30311. This property was listed for sale on April 30, 2024 by RE/MAX Legends, it's currently listed at $305,000. It has been on the market for a total of 32 days and was last sold on June 11, 2021. This listing's school district is Atlanta Public Schools. Nearby schools include Harper-Archer Elementary School, John Lewis Invictus Academy and Douglass High School. 3116 Delmar Lane Northwest is a 7-bed, 4-bath, multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Legends, Shaunette Young

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.