2732 Oldknow Drive NW, Atlanta, GA 30318

$345,000
7
BD
3
BA

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List Price
$345,000
MLS#
10818069
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
7
Bathrooms
3
Square Footage Source
Owner
Lot Size
0.28500000000000003
Subdivision
Collier Heights
Basement
Yes

Property Description

**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!

Additional Information

Style
Ranch
Stories
2 Stories
Year Built
1962
Parking
Off Street
Sewer
Public Sewer
Elementary School
Usher
High School
Douglass
Acres
0.29
Levels
Two

Listing courtesy of Area West Realty.

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