This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don’t miss this opportunity to own a turnkey investment property with proven results!
Listing Provided Courtesy of Keller Williams Realty Metro Atlanta
Property Details
Price:
$695,000
MLS #:
7507272
Status:
Active
Beds:
7
Baths:
4
Address:
2483 Memorial Drive SE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
East Lake
City:
Atlanta
Listed Date:
Jan 10, 2025
State:
GA
Finished Sq Ft:
2,886
Total Sq Ft:
2,886
ZIP:
30317
Year Built:
1937
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Schools
Elementary School:
Fred A. Toomer
Middle School:
Martin L. King Jr.
High School:
Maynard Jackson
Interior
Appliances
Dishwasher, Dryer, Electric Range, Refrigerator, Washer
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Air
Flooring
Ceramic Tile, Hardwood
Heating
Central
Laundry Features
Laundry Closet
Exterior
Architectural Style
Traditional
Community Features
None
Construction Materials
Wood Siding
Exterior Features
Rain Gutters
Other Structures
None
Parking Features
Driveway
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2023
Taxes
$2,884
Map
Community
- Address2483 Memorial Drive SE Atlanta GA
- SubdivisionEast Lake
- CityAtlanta
- CountyDekalb – GA
- Zip Code30317
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2483 Memorial Drive SE
Atlanta, GA
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