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Off Market

1812 Glenview Dr SW

Atlanta GA 30331

8
2
2338 sq. ft.
0.45 ac.
Single-Family
Last sold for $270,000
Josh StantonJosh Stanton, last sold this property on 19 March 2024 after 54 days on market.

Overview

Turnkey rental, fully leased at $5,500 per month in gross rental income ($67,000+ per year), this seasoned PadSplit coliving home in the City of Atlanta offers a unique combination of cash flow and turnkey management in a sought-after location. At a 14% cap rate with a leveraged ROI of 25%+, this is an unbeatable investment, sold As-Is! This home is in the beautiful Heritage Valley neighborhood, no HOA and close to interstates and major arterials, ensuring superb connectivity. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. 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. Sold with an optional top-rated superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. In a time when cash flow is hard to find, this turnkey rental defies the odds. It doesn't just meet the '1% rule,' it blows it away. 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.

Features

8 bedrooms
2 bathrooms
2338 sq. ft. floor area
0.45 ac. lot size
Single-Family

Estimated Value

We need at least 3 similar 8 bedroom single-family properties sold in Atlanta over the last 12 months.

Property history for 1812 Glenview Dr SW

2024
Sold
$270,000
19 Mar 2024 by Josh Stanton, of Keller Williams Realty
2019
Sold
$127,500
20 Jul 2019 by Ramona Benson, of Keller Williams Atl. Classic
2019
Sold
$127,500
21 Jun 2019 by Nukey Richards, of BHGRE Metro Brokers

Happy sellers in Atlanta

98%
98% of sellers in Atlanta reported that their sale price either exceeded or met their price expectations.

Atlanta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Atlanta over the last 12 months.

Local market activity for 8 bedroom single-family properties in Atlanta

Nearby agents

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Jim Stern

Jim Stern is an award winning recommended agent for Atlanta.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   5   (36 reviews)
  •  4 Reviews in Atlanta
  •  5 Sales in Atlanta
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Suzette Samuel

Suzette Samuel is a recommended agent for Atlanta.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  2 Reviews in Atlanta
  •  2 Sales in Atlanta
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ABA SIMMONS

ABA SIMMONS is a recommended agent for Atlanta.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (8 reviews)
  •  1 Review in Atlanta
  •  2 Sales in Atlanta
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Alicia Johnson

Alicia Johnson is a recommended agent for Atlanta.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Atlanta
  •  1 Sale in Atlanta
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