2142 Martin Luther King Jr Drive SW Atlanta GA 30310 MLS #7340639

CALLING ALL INVESTORS or home buyers wanting a great investment property!! This 6 bedroom 4 bathroom home built in 2006 has 6 tenants that rent month to month. Home currently generates $3,225 a month with a majority of the tenants renting about a year. Home features newer water heaters and HVACs. Floors are in good condition. Exterior of home is in good condition. All appliances in shared living spaces remain and this includes coin laundry units. The two levels are identical in layout. 2 bedrooms are the exact the same size and each share the hall bathroom. The primary bedroom is a bit larger and has its own en-suite. The primary bedroom on each level rents for $600-$650 a month. The other bedrooms rent for $500-$525 a month. The shared space on the main level features a large living room, dining area, and kitchen. The upstairs has a living room, dining area (currently a flex space), wet bar, and deck. The home is zoned SFR so the space upstairs is not a full kitchen. Area around home is all nice and business next door is quiet. Home appraised for $360k in 2021. Driveway is wide and 5 cars can fit in front of home. This home is in a great location on the booming Westside, only 1.5 miles from The Beltline and Slutty Vegan.
Listing Provided Courtesy of Better Homes and Gardens Real Estate Metro Brokers

Property Details

Price:
$324,900
MLS #:
7340639
Status:
Active
Beds:
6
Baths:
4
Address:
2142 Martin Luther King Jr Drive SW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
West End Heights
City:
Atlanta
Listed Date:
Feb 19, 2024
State:
GA
Finished Sq Ft:
2,470
ZIP:
30310
Year Built:
2006

Schools

Elementary School:
Peyton Forest
Middle School:
Jean Childs Young
High School:
Benjamin E. Mays

Interior

Appliances
Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Vinyl
Heating
Central
Laundry Features
In Hall

Exterior

Architectural Style
Traditional
Community Features
Near Public Transport, Near Trails/ Greenway, Restaurant, Sidewalks, Street Lights
Construction Materials
Other
Exterior Features
Balcony
Other Structures
None
Parking Features
Driveway
Parking Spots
5
Roof Type
Other

Financial

Tax Year
2023
Taxes
$6,200

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