616 Moreland Avenue Se, Atlanta

$490,000

5 Beds
3 Baths
2,029 Sqft
.2 Acres
0 Garages

FANTASTIC OPPORTUNITY TO BUY A DUPLEX IN EAST ATLANTA VILLAGE - LIVE IN ONE SIDE AND RENT THE OTHER OR BUY A TURN-KEY INCOME-PRODUCING PROPERTY. This brick charming traditional bungalow is perfectly located within walking distance to Brownwood Park, restaurants, food hall, and shops in East Atlanta Village. Relax in the charming front porch and take the sidewalk to all the fun that East Atlanta Village has to offer. This hot, in-town location is perfect. This is a fantastic opportunity for an investor looking for a turnkey rental property or a seasoned investor. Or buy this home to live on one side and rent the other! This duplex offers one 3 bedroom/2 full bath spacious unit with front and side entrance (unit A) AND one 2 bed/1 bath with separate living room (Unit B). The interior and exterior of the house have been well maintained - this property is a gem! This amazing property features beautiful hardwood floors throughout, modern kitchen and cabinets and slate tiles, newer appliances, spacious rooms and access to a beautiful front porch. Newer roof and all systems are in good working condition. The plumbing and sewer line have been replaced in 2022. Also, a new vapor barrier was installed in the crawlspace. Baths have been updated and feature slate tiles and subway tiles. All units have private entrances and front porch access. Each unit has its own washer and dryer hookups. Separate meters. The landlord pays for water. On top of all the other amazing features, this property has ample parking space. Parking can be accessed through back alley or the driveway on Moreland Ave. Parking for up to 5 cars. The additional benefit of having an alley located on the back of the property to avoid Moreland is tremendous (access the ally through Pendleton St). Both units are currently rented with good tenants. The lease Agreement will be transferred to the Buyer at Closing. Tenants will be in place at Closing. Seller will provide written Lease Agreements to the Buyer once under contract. The buyer is responsible to check all information provided and perform own due diligence. Property is sold as SOLD-AS-IS Sellers never lived in the property. Preferred Closing attorney to be The Fryer Law. Please be aware that all units are tenant occupied, please respect privacy-no walking property. See “Offer Instructions” under “Documents” on FLMS. Follow Offer Instruction and Special Stips. See ""Lease Rates and dates"" under "Docs" on FMLS. Proof of Funds and all Exhibits to be sent with the Offer. Must schedule Showings through ShowingTime (wait for confirmation). Showings only on the pre-set dates/time. Thursdays and Saturdays from 11am - 12pm.

Essential Information
MLS® #7126263
Price$490,000
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage2,029
SqFt SourcePublic Records
Acres0.20
Year Built1947
TypeResidential
Sub-TypeSingle Family Residence
StyleBungalow
StatusHold
Community Information
Address616 Moreland Avenue Se
SubdivisionEast Atlanta Village
CityAtlanta
CountyDekalb - GA
StateGA
Zip Code30316
Amenities
Parking Spaces5
ParkingLevel Driveway
ViewCity
WaterfrontNone
PoolNone
Utilities

Natural Gas Available, Electricity Available, Sewer Available, Water Available

Interior
Interior FeaturesOther
HeatingCentral
CoolingCentral Air
FireplaceYes
# of Fireplaces1
FireplacesNone
StoriesOne
Appliances

Dishwasher, Refrigerator, Microwave, Gas Range

Exterior
Exterior FeaturesNone
Lot DescriptionPrivate
WindowsNone
RoofShingle
ConstructionBrick 4 Sides
School Information
ElementaryBurgess-Peterson
MiddleMartin L. King Jr.
HighMaynard Jackson
Listed By:

Keller Williams Realty Metro Atlanta

Property History
Status Changed from Active Under Contract to Hold
Status Changed from Active to Active Under Contract
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Listing information last updated on May 19th, 2024 at 2:30am CDT.

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