3059 Nottaway CT, Atlanta, GA 30341 – 7369296

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The Hummingbird Associates

thehummingbirdassociates@evmountains.com +1(904) 705-7597

$ 649,000

Est. payment -/mo

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Price Dropped by $50K

3059 Nottaway CT Atlanta, GA 30341

0.4 Acres Lot

UPDATED:

10/14/2024 12:34 PM

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Nottaway

MLS Listing ID 7369296

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1962

Annual Tax Amount $8,201

Tax Year 2023

Lot Size 0.400 Acres

Acres 0.4

Property Description

Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current lease features a gradual annual increase, starting at $3,600 per month, rising to $3,800, and then $4,000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.

Location

State GA

County Dekalb

Lake Name None

Interior

Heating Central, Zoned

Cooling Attic Fan, Central Air, Zoned

Flooring Brick, Carpet, Ceramic Tile

Window Features None

Exterior

Garage Detached

Fence Back Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Waterfront Description None

View Other

Roof Type Composition

Accessibility Accessible Closets, Accessible Approach with Ramp

Handicap Access Accessible Closets, Accessible Approach with Ramp

Private Pool false

Building

Lot Description Cul-De-Sac, Level

Story One

Sewer Public Sewer

Water Private

Level or Stories One

Structure Type Brick 4 Sides

New Construction No

Construction Status Resale

Schools

Elementary Schools Evansdale

Middle Schools Henderson - Dekalb

High Schools Lakeside - Dekalb

Others

Senior Community no

Tax ID 18 285 03 020

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None

Listed by Keller Williams North Atlanta

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The Hummingbird Associates

Real Estate Advisors

+1(904) 705-7597

The Hummingbird Associates

The Hummingbird Associates

3059 Nottaway CT Atlanta, GA 30341

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3059 Nottaway CT