USAGADecaturOrchard Lane3178 Nectarine Cir
3178 Nectarine Cir, Home with 0 bedrooms, 0 bathrooms and 2 parking in Decatur GA | Image 1
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$129,000

3178 Nectarine Cir, Decatur, GA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes $2,200
Days Active 69
Approx. Age 1973
MLS® Number 7583740

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. You will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME .. This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026. This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!Show Description
MLS® Number7583740
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1973
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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