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Key Details
Sold Price $249,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $121
Subdivision Summertown West
MLS Listing ID 7377567
Sold Date 05/14/24
Style Traditional
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1980
Annual Tax Amount $3,967
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Description
BEHOLD this rare opportunity to purchase a seasoned PadSplit coliving home with optional turnkey management. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated Superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup. OFFER REQUIREMENTS: Property sold as-is, do all due diligence before submitting an offer, $7,500 EM, the closing attorney must be the Fryer Law Firm
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description Other
Other Rooms None
Basement None
Main Level Bedrooms 1
Dining Room None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Window Features None
Appliance Gas Range, Range Hood, Refrigerator
Laundry Other
Exterior
Exterior Feature Other
Garage Driveway
Fence None
Pool None
Community Features None
Utilities Available Other
Waterfront Description None
View Other
Roof Type Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch None
Private Pool false
Building
Lot Description Front Yard
Story Multi/Split
Foundation Slab
Sewer Public Sewer, Other
Water Public
Architectural Style Traditional
Level or Stories Multi/Split
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Allgood - Dekalb
Middle Schools Freedom - Dekalb
High Schools Clarkston
Others
HOA Fee Include Electricity,Water
Senior Community no
Restrictions false
Tax ID 18 015 01 077
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing no
Special Listing Condition None
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Bought with Cornerstone Real Estate Partners, LLC
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Kimberly Eslinger
Real Estate Advisor | License ID: 376217
Real Estate Advisor License ID: 376217