120 Howard ST SE new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30317
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Kirkwood
MLS Listing ID 7559337
Year Built 1910
Annual Tax Amount $1,880
Tax Year 2024
Lot Size 0.290 Acres
Property Sub-Type Duplex
Property Description
2 unit property with option to add a third unit. 1 block from downtown Kirkwood restaurants! The main house (Unit A) is a just renovated 3 bed 2 bath bungalow with original hardwood floors, open concept kitchen and 10 foot ceilings. It's currently a successful Airbnb. Furnishings and future bookings can stay with the property at an additional cost. Or all furniture can be removed and future bookings cancelled. Long term rent comps for the main house are +/-$3,600/month. Unit B is a new construction, 750 sf, 2 bed, 2 bath Accessory Dwelling Unit (ADU). The ADU is currently leased for $2,725 a month. The lease can be terminated. The units share a double-wide (20ft) driveway with parking for 4 cars. Huge corner lot that's 270 feet deep! There's upside potential by adding a third unit as a guest house or tiny house on wheels. Enjoy a 6%+ cap rate in a neighborhood that has been appreciating faster than other parts of Atlanta.
Location
State GA
County Dekalb
Interior
Heating Central
Cooling Central Air
Flooring Hardwood,Luxury Vinyl
Exterior
Parking Features Detached,Driveway
Fence Back Yard,Front Yard
Community Features None
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View City
Roof Type Shingle
Building
Lot Description Corner Lot
Story One
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Wood Siding
New Construction No
Schools
Elementary Schools Fred A. Toomer
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None