Turnkey Cash-Flow Rental – Guaranteed Income | Investor’s Dream! This fully renovated 3BR/2.5BA single-family 3 story home is a turnkey rental with a stable long-term tenant already in place, paying $2,500/month via Grady Hospital Behavioral Health (Section 8 program). * Income-Producing from Day 1: Gross Cap Rate ~9.5%. *Government-backed rental income * Tenant has been in place for 2+ years and wants to stay. * Rent paid on time every month through Grady’s Behavioral Health housing program. **Renovated Down to the Studs (2022): Brand new roof, HVAC, furnace, electrical, plumbing, new flooring, drywall, insulation, kitchen, and baths, modern finishes = low maintenance for years to come, ***Turnkey & Hands-Off: Newly Renovated. * Reliable program-backed tenant, Low-maintenance asset for long-term buy-and-hold strategy. Perfect for: In town or Out-of-state investors seeking strong cash flow. Landlords wanting passive, predictable income. Don’t miss this high-yield, low-hassle Atlanta investment! ****. Blocks from the Belt-line, Lee & White District (Wild Heaven Brewing and Monday Night Garage) all the Belt-line restaurants. Near I-75/I-85, abundant green-space, and minutes from Downtown Atlanta’s shopping, restaurants, and nightlife, Hartsfield Atlanta International Airport, the Beltline.
Listing Provided Courtesy of First United Realty, Inc.
Property Details
Price:
$329,900
MLS #:
7536602
Status:
Active
Beds:
3
Baths:
3
Address:
1174 Princess Avenue SW
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Oakland City
City:
Atlanta
Listed Date:
Mar 7, 2025
State:
GA
Finished Sq Ft:
1,550
Total Sq Ft:
1,550
ZIP:
30310
Year Built:
1930
Schools
Elementary School:
Fulton – Other
Middle School:
Sylvan Hills
High School:
Fulton – Other
Interior
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Ceiling Fan(s), Central Air, Electric
Flooring
Laminate
Heating
Central, Electric
Laundry Features
Common Area
Exterior
Architectural Style
A- Frame, Bungalow, Traditional
Community Features
Near Public Transport, Near Schools, Near Shopping, Near Trails/ Greenway, Restaurant, Sidewalks, Street Lights
Construction Materials
Hardi Plank Type, Lap Siding, Wood Siding
Exterior Features
None
Other Structures
None
Parking Features
Detached, Driveway
Parking Spots
2
Roof
Shingle
Security Features
Smoke Detector(s)
Financial
Tax Year
2023
Taxes
$4,647
Map
Community
- Address1174 Princess Avenue SW Atlanta GA
- SubdivisionOakland City
- CityAtlanta
- CountyFulton – GA
- Zip Code30310
Similar Listings Nearby
- 1322 Thurgood Street SW
Atlanta, GA$425,000
2.08 miles away
- 945 Smith Street SW
Atlanta, GA$425,000
1.45 miles away
- 1421 Downs Drive SW
Atlanta, GA$425,000
1.78 miles away
- 1008 Lena Street NW
Atlanta, GA$425,000
2.33 miles away
- 1618 Athens Avenue SW
Atlanta, GA$425,000
1.26 miles away
- 650 Elbert Street SW
Atlanta, GA$425,000
0.99 miles away
- 1623 Athens Avenue SW
Atlanta, GA$425,000
1.25 miles away
- 1027 Garibaldi Street SW
Atlanta, GA$425,000
1.50 miles away
- 3353 HEMPHILL Street
Atlanta, GA$425,000
4.29 miles away
- 1956 SHIRLEY Street SW
Atlanta, GA$425,000
1.57 miles away

1174 Princess Avenue SW
Atlanta, GA
LIGHTBOX-IMAGES