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Map
$342,707*
●
Multifamily -
Off Market
1889 Browns Mill Road
Atlanta, GA 30315
Studio
0 Bath
$203,000 - $247,000
Reference Base Price*
52.31%
Since Apr 1, 2020
GA-Atlanta
Primary Model
About This Property
Rare Opportunity to purchase this 9 bedroom, 2 bath rooming house
that has a 25%+ CAP RATE in Lakewood Heights off of Browns Mill
Road. Income from Jan 2018 - August 2019 was $74k. All rooms are
occupied, there is month to month tenants and bi-weekly tenants
with different rates. Purchase Price is $225,000 and includes the
lot of land next to this property which is currently listed for
$30,000.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$58
HOA Dues
-
Year Built
1945
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2020 | No longer available | - | |
| No longer available | |||
| Sep 18, 2019 | Listed | $225,000 | |
| Listed | |||
| Dec 27, 2004 | Sold to Flemming Elleboe | $145,000 | |
| Sold to Flemming Elleboe | |||
Property Highlights
1889 Browns Mill Road
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
3
Beds
2
Baths
1,166 ft²
$192/ft²
$224,000
Dec 23, 2022
-
-
House
3
Beds
1
Bath
1,172 ft²
$192/ft²
$224,900
Oct 6, 2022
-
-
House
6
Beds
3
Baths
1,632 ft²
$138/ft²
$225,000
Nov 15, 2022
-
$188/mo
Active
House
3
Beds
1.5
Baths
1,025 ft²
$229/ft²
$235,000
Aug 7, 2022
-
$154/mo
In Contract
House
3
Beds
1
Bath
988 ft²
$213/ft²
$210,000
May 4, 2022
-
$132/mo
House
2
Beds
1
Bath
840 ft²
$298/ft²
$250,000
Oct 20, 2022
-
$128/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/18/2019
|
|
Studio
|
-
|
-
|
$225,000
Studio
-
|
-
-
|
-
|
Phillips and Company Homes
Keller Williams Rlty, First Atlanta
|
Building Info
1889 Browns Mill Road Southeast
1889 Browns Mill Road Southeast, Atlanta, GA 30315
