$285,000
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2581 Sparta DR Morrow, GA 30260
9 Beds
3 Baths
1,920 SqFt
Key Details
Sold Price $285,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $148
Subdivision Renaldo Manor
MLS Listing ID 7423178
Style Traditional
Bedrooms 9
Full Baths 3
Year Built 1972
Annual Tax Amount $1,821
Tax Year 2023
Lot Size 0.344 Acres
Property Description
This unincorporated Clayton County rental is ideal for the savvy investor. The income is bananas- it grosses $6100 per month on average, performing at an eye-popping 13%+ cap rate. It's close to the interstate, the busiest airport in the world, and major logistics centers to ensure superb connectivity and access to jobs. Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Location
State GA
County Clayton
Rooms
Other Rooms Shed(s)
Dining Room None
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Exterior Feature Rain Gutters
Garage Driveway
Fence Back Yard, Chain Link, Wood
Pool None
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Water Available
Waterfront Description None
View Other
Roof Type Shingle
Building
Lot Description Back Yard, Front Yard
Story Multi/Split
Foundation Slab
Sewer Public Sewer, Other
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools William M. Mcgarrah
Middle Schools Morrow
High Schools Morrow
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Keller Williams Realty Metro Atlanta