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2279 Columbia Drive
Decatur, GA, 30032
$320,000
4 Beds
2 Baths
1,946 SqFt
0.35 Acres
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2279 Columbia Dr is a high-performing rental with in-place tenants generating strong cash flow at a 10% cap rate (approximate based on $2600-2700 monthly NOI). Decatur is a growing market with strong rental demand, and this location offers easy access to highways 20 and 285. The home is recently updated to maximize rental value. As a corner lot, it has potential pull behind driveway expansion possibilities. Past financials and pro-forma projections available in documents on Matrix. DO NOT DISTURB TENANTS. No showings until under contract to protect the privacy of the tenants. Investor-owned, no seller property disclosures provided.
Listing Provided Courtesy of CPM Partners, LLC

Property Details

Price:
$320,000
MLS #:
7479326
Status:
Active
Beds:
4
Baths:
2
Address:
2279 Columbia Drive
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Candler-McAfee
City:
Decatur
Listed Date:
Nov 1, 2024
State:
GA
Finished Sq Ft:
1,946
Total Sq Ft:
1,946
ZIP:
30032
Year Built:
1959
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Schools

Elementary School:
Columbia
Middle School:
Columbia – Dekalb
High School:
Columbia

Interior

Appliances
Dishwasher, Electric Oven
Bathrooms
2 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Flooring
Vinyl, Wood
Heating
Central
Laundry Features
Laundry Room

Exterior

Architectural Style
Other
Community Features
None
Construction Materials
Brick 4 Sides
Exterior Features
Private Yard
Other Structures
None
Parking Features
Carport
Roof
Shingle

Financial

Tax Year
2023
Taxes
$5,430

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Community

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2279 Columbia Drive
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