2732 Oldknow Nw Drive, Atlanta, GA 30318
- $345,000
- 7
- BD
- 3
- BA
- List Price
- $345,000
- MLS#
- 7815014
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family Residence
- Bedrooms
- 7
- Bathrooms
- 3
- Lot Size
- 0.28500000000000003
- Subdivision
- Collier Heights
- Basement
- Yes
- Basement Description
- Full
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
- Two
- Construction
- Brick
- Year Built
- 1962
- Neighborhood Amenities
- Near Public Transport, Sidewalks, Public Transportation, Powered Boats Allowed, Street Lights
- Kitchen Features
- Breakfast Bar, Cabinets White, Eat-in Kitchen, Country Kitchen, Kitchen Island
- Interior
- High Ceilings 9 ft Lower, High Ceilings 9 ft Main
- Exterior
- Private Yard, Other
- Roof
- Shingle, Other
- Parking
- Driveway
- Lot Desc
- Back Yard
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Bazoline E. Usher/Collier Heights
- Middle School
- John Lewis Invictus Academy/Harper-Archer
- High School
- Frederick Douglass
- Acres
- 0.29
- Levels
- Two
- Taxes
- $2,337
Listing courtesy of Area West Realty, LLC..
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