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485 Granite Ridge PL Sandy Springs, GA 30350
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Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Northridge Crossing
MLS Listing ID 6680420
Sold Date 03/26/20
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1986
Annual Tax Amount $1,407
Tax Year 2018
Lot Size 3,375 Sqft
Acres 0.0775
Property Description
GREAT INVESTMENT OPPORTUNITY W/ TENANTS IN PLACE PAYING $1,150. THIS PROPERTY WILL NOT LAST! THE CAP RATE IS 7.6%. EXCELLENT TENANTS THAT PAY ON TIME AND HAVE LIVED THERE FOR 4 YEARS. THEIR LEASE ENDS 02/28/2021. THE MARKET RENT IS $1,300-$1,400. COMPLETELY RENOVATED TOWNHOME IN THE HEART OF SANDY SPRINGS! GORGEOUS KITCHEN WITH SS APPLS, BEAUTIFUL CABINETRY, TILED BACKSPLASH & GRANITE C'TOPS, GREAT ROOM W/FP, FENCED BACKYARD, TONS OF STORAGE SPACE! MASTER STE W/UPGRADED PRIV BATH. SPACIOUS SECONDARY BR. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL TAKE PLACE DURING DUE DILIGENCE. SELLER ALSO IS SELLING 487 GRANITE RIDGE PLACE (THE TOWNHOME NEXT DOOR TO 485), SO THIS CAN BE SOLD AS A PACKAGE DEAL. 487 GRANITE RIDGE HAS JUST BEEN COMPLETELY RENOVATED AND THE MARKET RENT IS $1,400, AND IS AVAILABLE FOR IMMEDIATE OCCUPANCY.
THIS UNIT WAS BUILT FROM THE GROUND UP DUE TO FIRE IN 2013 SO UNIT IS ONLY 7 YEARS OLD.
487 GRANITE IS ON LOCKBOX AND CAN BE SHOWN ANYTIME.
USE SHOWING TIME.
Location
State GA
County Fulton
Area 131 - Sandy Springs
Lake Name None
Interior
Heating Central, Electric
Cooling Attic Fan, Ceiling Fan(s), Central Air
Window Features Insulated Windows, Storm Window(s)
Exterior
Parking Features Detached
Fence Wood
Community Features Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Other
Accessibility Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
Handicap Access Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances, Accessible Washer/Dryer
Total Parking Spaces 2
Building
Lot Description Other
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Woodland - Fulton
Middle Schools Sandy Springs
High Schools North Springs
Others
Senior Community no
Tax ID 17 002500040217
Special Listing Condition None
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Bought with Singh Realty, LLC