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2483 Memorial DR SE Atlanta, GA 30317
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Key Details
Sold Price $695,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,886 sqft
Price per Sqft $240
Subdivision East Lake
MLS Listing ID 10438008
Sold Date 03/12/25
Style Traditional
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Y/N Yes
Originating Board Georgia MLS 2
Year Built 1937
Annual Tax Amount $2,884
Tax Year 2023
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 5662.8
Property Sub-Type Single Family Residence
Property Description
This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don't miss this opportunity to own a turnkey investment property with proven results!
Location
State GA
County Dekalb
Rooms
Basement Crawl Space
Dining Room Separate Room
Interior
Interior Features High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Hardwood
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Washer
Laundry Laundry Closet
Exterior
Parking Features Off Street
Garage Spaces 2.0
Fence Back Yard, Wood
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Roof Type Other
Total Parking Spaces 2
Garage No
Private Pool No
Building
Lot Description Other
Faces Take W Ponce de Leon Ave to Upland Rd, turn left onto Upland Rd, turn left onto E Parkwood Rd, turn left to stay on E Parkwood Rd, turn left onto East Lake Dr, turn right onto Second Ave, continue onto 2nd Ave SE, turn left onto Memorial Dr SE, destination will be on your right.
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Toomer
Middle Schools King
High Schools Mh Jackson Jr
Others
HOA Fee Include Other
Tax ID 15 181 05 015
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Resale
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