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3603 Spring Drive, Atlanta, GA 30360

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For Sale

$495,000

0.46 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.5 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

Welcome to a fantastic investment opportunity of this recently foreclosed home! This impressive 12-bedroom, 5-bathroom house with two kitchens and three laundries is a great income generator for investors and it can accommodate multiple families. The house is currently configured for maximum rental income. Also, it's ideal for primary residency for a large family seeking spacious and comfortable living. Located in a family-friendly community at the border of Peachtree Corners City and Dunwoody, offering convenience to I-85, I-285. and Peachtree Industrial Blvd. Situated close to shopping at Walmart Dunwoody and in walking distance to restaurants and public transportation. Come see this property for yourself and explore its potential! According to property records - proforma income from the renting the entire home: main level - 4 BR 2 Full BA, large kitchen, laundry, living room, two terraces, two own entrances - $1,800/month, upper level - 2 BR 1 Full BA, laundry and living room - $1,300/month. lower level - 6 BR, 2 Full BA, laundry and small kitchenette - each room can be rented for $650/month. Overall total potential gross income is $84,000/year and with all subtracted expenses - CAP rate for that property will be around 12%.
MLS# 7377240

Courtesy Of REALCO BROKERS INC.

(404) 671-9321

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s), Central A/C
  • Floor Covering
    Hardwood, Tile, Tile - Ceramic
  • Heating Fuel
    Natural Gas
  • Heating System
    Central Furnace
  • Lot Size
    0.46 Acres
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 3603 Spring Drive, Atlanta, GA 30360

Home seller CENTURY 21 Connect Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Connect Realty

(770) 640-6800
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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