Back on the market, Stabilized 12 unit multi family in Marietta GA, All 2 bedrooms, 1 bath, Seller Financing available with 75% down payment.
This Tremendous Commercial Property is a 7 Unit Apartment Building. HIGHEST AND BEST USE: INVESTMENT PROPERTY (CURRENT USE), BED AND BREAKFAST, AND/OR COMMERCIAL OFFICE SPACE/RETAIL. 7 of the 7 Units are Leased (Annual Leases - Long Term Tenants). All Leases are Transferable to the new Owner. Situated in the Heart of Down Town Marietta; Tremendous Land Value. Gross Annual Income of $65,000. Commercial Zoning, w/ Grandfather Status of Residential. 8 Parking Spaces, with Room for More. 104+ Feet of Road Frontage. All Utilities on Site and are Included in the Monthly Rent. It is a Historic Building but it is not on the National Registry. This is an Unique property to the Area. One Unit with 4 Bedrooms, 2.5 Baths, Dining Room, Family Room, Study, Full Kitchen, and Laundry RM. Five Units with 1 Bedroom, 1 Bath, Living RM, & Kitchen. One Studio Unit with 1 Bath & Kitchenette. Completed Renovations Include but Not Limited to: Roof & Electrical - 2002, New Furnace - 2006, New Retaining Walls, Reinforced Foundation, New Insulation, New Flooring, and New Appliances. It is on a Major Bus Line for Public Transportation. CALL TODAY FOR AN EXECUTIVE SUMMARY, P&L, AND VIEWING APPT!
Two separate multi-family buildings (21 units) on close to two acres, currently with 90% occupancy. Within 15 minutes of the new Atlanta Braves stadium. Property needs updating & provides huge potential for future investment developer or for an owner/operator who can manage and live on property. Building needs updating. Owner moved out of state and is very motivated to sell!!!