1070 Mayson Turner Road NW,Atlanta, GA 30314
Atlanta, GA 30314
Description
Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.
Details
| MLS # | 7767739 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 110 |
| Listing Provided By | Keller Williams Realty Metro Atlanta | Josh Stanton |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,945 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.25 |
| Water Front | Yes |
| Property View | Neighborhood, City |
Interior
| Appliances | Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer |
|---|---|
| Interior Features | Entrance Foyer, High Ceilings 10 ft Main, His and Hers Closets, Low Flow Plumbing Fixtures, Walk-In Closet(s) |
| Cooling | Central Air, Electric |
| Heating | Electric, Forced Air |
| Fireplaces Total | 1 |
| Fireplace Features | Decorative |
| Window Features | Insulated Windows, Double Pane Windows |
| Room Kitchen Features | Cabinets White, Eat-in Kitchen, Pantry, Second Kitchen, Pantry Walk-In, View to Family Room, Other |
| Room Dining Room Features | Open Concept, Other |
| Laundry Features | Electric Dryer Hookup, Laundry Room, Main Level, Lower Level |
Exterior
| Accessibility Features | None |
|---|---|
| Exterior Features | Garden, Lighting, Private Entrance, Rain Gutters, Courtyard |
| Lot Features | Corner Lot, Sloped, Back Yard, Front Yard, Landscaped |
| Construction Materials | Frame, Vinyl Siding, Concrete |
| Roof | Composition, Shingle |
| Fencing | Back Yard, Chain Link, Front Yard, Wood, Wrought Iron |
| Foundation Details | Block |
| Waterfront Features | None |
| Patio And Porch Features | Deck, Front Porch, Covered |
| Security Features | Smoke Detector(s) |
Parking
| Parking Features | On Street, Driveway, Drive Under Main Level, Parking Pad |
|---|---|
| Open Parking Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
| Electric | 110 Volts, 220 Volts in Laundry |
Taxes
| Tax Annual Amount | 9232 |
|---|---|
| Tax Legal Description | See exhibits |
| Tax Lot | 1-2 |
| Tax Parcel Letter | 14-0115-0006-001-5 |
| Tax Year | 2025 |
Location
| Community Features | Street Lights, Sidewalks, Curbs, Near Public Transport, Near Beltline, Near Schools, Near Shopping, Near Trails/Greenway, Park, Fitness Center, Tennis Court(s), Pickleball |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30314 |
| Area | Fulton GA |
| Community Name | Washington Park |
| School District | Booker T. Washington |
| Elementary School | M.R. Hollis Innovation Academy |
| High School | Booker T. Washington |
| Listing VS Median (in Washington Park) | |
Price: $475,000 low | high Med: $422,000 sqft: 1,945 low | high Med: 2,742 $ / sqft: $244 low | high Med: $195 On site: 110 low | high Med: 25 | |
Market Activity 30314
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30314 |
| Area | Fulton GA |
| Community Name | Washington Park |
| School District | Booker T. Washington |
| Elementary School | M.R. Hollis Innovation Academy |
| High School | Booker T. Washington |
| Listing VS Median (in Washington Park) | |
Price: $475,000 low | high Med: $422,000 sqft: 1,945 low | high Med: 2,742 $ / sqft: $244 low | high Med: $195 On site: 110 low | high Med: 25 | |
