2494 Lester Street, Atlanta, GA 30344

$479,000

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List Price
$479,000
Status
ACTIVE
Days on Market
1
MLS#
10824995
Subtype
Residential Income
Year Built
1930
Lot Size
11,194
Acres
0.26
Subdivision
Semmes Park

Property Description

Rare THREE-UNIT Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering a separate three-unit investment property at 3181 Church Street and is open to selling both properties together, creating a unique opportunity for investors looking to acquire multiple income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

Additional Information

Heating
Central
Air Conditioning
Central Air
Stories
2 Stories
Levels
Two
Parking
Parking Pad, Kitchen Level
Elementary School
Hamilton Holmes
High School
Tri Cities

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Calculator source: Real Geeks

Listing courtesy of Bolst, Inc..

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