2529 Riggs DR

Atlanta,GA 30344

$ 275900

6 Beds

3 Baths

2570 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 2,570 sqft

Price per Sqft $107

Subdivision Conley Hills

MLS Listing ID 10641186

Style Brick 4 Side,Ranch

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1955

Annual Tax Amount $2,372

Tax Year 2024

Lot Size 0.331 Acres

Acres 0.331

Lot Dimensions 14418.36

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Turnkey Investment - $4700+ Monthly Income! This property is an occupied, turnkey 11%+ cap rate rental that is fully set up, furnished and functioning under one lease. Riggs Drive is a spacious brick home configured with 6 bedrooms, 3 baths and a fully equipped kitchen which makes it perfect for a solid investment. This property is currently grossing over $56,000 per year. Public transportation is located 450 feet down the street with easy access to expressways, shopping, restaurants and parks - just a few minutes by car or public transportation to Hartsfield-Jackson Atlanta Airport and a quick drive to Downtown Atlanta. Don't miss this opportunity to own a turnkey investment property with proven results!

Location

State GA

County Fulton

Rooms

Basement Daylight,Finished,Full

Interior

Interior Features Other,Roommate Plan,Split Bedroom Plan

Heating Central,Forced Air,Natural Gas

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Hardwood,Laminate

Fireplace No

Appliance Dryer,Microwave,Refrigerator,Washer

Laundry In Basement,Mud Room

Exterior

Exterior Feature Garden

Parking Features Carport,Attached,Kitchen Level

Garage Spaces 1.0

Fence Back Yard,Wood

Community Features Park,Playground,Pool,Street Lights,Near Public Transport,Walk To Schools,Near Shopping

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

Waterfront Description No Dock Or Boathouse

View Y/N No

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Level,Private,Sloped

Faces Head southwest on Main St and turn right onto Connally Dr. Turn left toward Norman Berry Ave W, then right onto Norman Berry Ave W. Continue onto Headland Dr, then turn left on Graywall St. Turn right on Woodhill Ln, then left on Riggs Dr. The house will be on the right.

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Brick 4 Side,Ranch

Structure Type Brick

New Construction No

Schools

Elementary Schools Hamilton Holmes

Middle Schools Paul D West

High Schools Therrell

Others

HOA Fee Include None

Tax ID 14 018800040134

Security Features Smoke Detector(s)

Acceptable Financing 1031 Exchange,Cash,Other

Listing Terms 1031 Exchange,Cash,Other

Special Listing Condition Resale

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