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
Tile, 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
Map
Community
- Address2279 Columbia Drive Decatur GA
- SubdivisionCandler-McAfee
- CityDecatur
- CountyDekalb – GA
- Zip Code30032
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Courtesy of CPM Partners, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Atlanta, GA MLS. Detailed information about real estate listings held by brokerage firms other than Area Realty include the name of the listing broker. Neither the listing company nor Area Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Atlanta, GA. All rights reserved.
2279 Columbia Drive
Decatur, GA
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