3178 nectarine circleDecatur, GA 30034

$135,000Price
0Acres
$135,000Price
0Acres

3178 nectarine circleDecatur, GA 30034

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!

Property Details for 3178 Nectarine Circle

  • Subdivision ComplexOrchard Lane
  • Num Of Parking Spaces2
  • Parking FeaturesCarport, Garage, Level Driveway
  • Property AttachedNo
  • Waterfront FeaturesNone

LISTING UPDATED:

  • StatusActive
  • MLS #7583740
  • Days on Site14
  • Taxes$2,200 / year
  • MLS TypeResidential Income
  • Year Built1973
  • Lot Size0.02 Acres
  • CountryDekalb - GA

Location

GADecatur300343178 Nectarine Circle

Listing Courtesy of Virtual Properties Realty. Biz - James McGeehan

LISTING UPDATED:

  • StatusActive
  • MLS #7583740
  • Days on Site14
  • Taxes$2,200 / year
  • MLS TypeResidential Income
  • Year Built1973
  • Lot Size0.02 Acres
  • CountryDekalb - GA

Building Information for 3178 Nectarine Circle

Payment Calculator

$902 per month30 year fixed, 7.00% Interest
Principal and Interest$718.53
Property Taxes$183.33
HOA Dues$0

Term

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Home Price

Down Payment

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Property Information for 3178 Nectarine Circle

Summary

Location and General Information

  • Community Features: None
  • Directions: GPS
  • View: Other
  • Coordinates: 33.692198,-84.25851

School Information

  • Elementary School: Bob Mathis
  • Middle School: Chapel Hill - Dekalb
  • High School: Southwest Dekalb

Taxes and HOA Information

  • Parcel Number: 15 090 05 046
  • Tax Year: 2024
  • Tax Legal Description: Parcel ID 15 090 05 046

Parking

  • Open Parking: Yes

Interior and Exterior Features

Interior Features

  • Cooling: Central Air
  • Heating: Central
  • Flooring: Luxury Vinyl
  • Levels/Stories: One
  • Window Features: Storm Window(s), Window Treatments

Exterior Features

  • Accessibility Features: Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Construction Materials: Lap Siding
  • Fencing: Back Yard
  • Roof Type: Asbestos Shingle
  • Security Features: Carbon Monoxide Detector(s)
  • Pool Private: No

Property

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Property and Assessments

  • Home Warranty: No
  • Property Condition: Updated/Remodeled

Green Features

  • Green Energy Efficient: Thermostat
  • Green Energy Generation: None

Lot Information

  • Lot Features: Cul-De-Sac
  • Waterfront Footage: None

Rental

Rent Information

  • Land Lease: No
  • Occupant Types: Tenant

Public Records for 3178 Nectarine Circle

Tax Record

Home Facts

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All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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