Park Realty | Atlanta Real Estate | 2279 Columbia Drive, Decatur, GA 30032
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2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.
| LAST UPDATED | 11/1/2024 | TRACT | Candler-McAfee |
|---|---|---|---|
| YEAR BUILT | 1959 | COUNTY | Dekalb |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Columbia |
|---|---|
| Jr. High School | Columbia - Dekalb |
| High School | Columbia |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Electric Oven |
| BASEMENT | Daylight, Exterior Entry, Finished, Yes |
| EXTERIOR | Private Yard |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 0.35 acre(s) |
| LOT DESCRIPTION | Back Yard, Corner Lot |
| LOT DIMENSIONS | 123 x 111 |
| PARKING | Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | Split/Multi Level |
| STYLE | Other |
| SUBDIVISION | Candler-McAfee |
| TAXES | 5430 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
| WATER ACCESS | None |
Listing provided courtesy of CPM Partners, LLC
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Data last updated: 11/21/24 2:13 PM PST.
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