663 Magnolia Street Northwest
$295,000
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Description
Attention Investors! Back on the market at no fault to the Seller. This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success....Attention Investors! Back on the market at no fault to the Seller. This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!
- Listed by Hillary Dukes • Berkshire Hathaway HomeServices Georgia Properties
Property Details for 663 Magnolia Street Northwest
Subdivision Complex
Vine City
Num Of Parking Spaces0
Parking FeaturesParking Lot
Property AttachedNo
Waterfront FeaturesNone
FurnishedUnfurnished
LISTING UPDATED: 01/13/2025 11:34 AM
Property Details for 663 Magnolia Street Northwest
Status | Active |
---|---|
MLS # | 7493893 |
Days on Market | 3 |
Taxes | $4,168 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Other |
Year Built | 1998 |
Lot Size | 0.10 AC / 4,356 SF |
County | Fulton County |
Building Information for 663 Magnolia Street Northwest
Stories2Residences1Year Built1998Building Size-Lot Size0.10 AC / 4,356 SF
Property Information for 663 Magnolia Street Northwest
Property History for 663 Magnolia Street Northwest
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 663 Magnolia Street Northwest
Taxable ValueLand$51,240Additions-Total$51,240
Home Facts
Beds4Baths3Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built1998ZoningR5CountyFULTONAPN14 011000061653Fireplace TypeHas Fireplace
Schools near 663 Magnolia Street Northwest
This home is within Atlanta Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Michael R. Hollis Innovation Academy PublicPK to 8 | ||
Booker T. Washington High School Public9 to 12 | ||
KIPP Ways Primary School CharterK to 4 | ||
KIPP Ways Academy Charter School Charter5 to 8 |
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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