2538 Joe Jerkins Boulevard

N/a, Austell, GA


MLS# 6718687

PORTFOLIO INCLUDES A TOTAL OF 6 ADJACENT DUPLEXES (12 units), One Duplex pictured (2538-2540 Joe Jerkins). All 6 Duplexes are 4-sided Brick, 2 Bedrooms, 1 Bathroom, 800 SF, central heat & air-conditioning & washer/dryer connections. Each Duplex has its own property tax ID. The Atlanta area is one of the strongest real estate markets in the entire country. Austell is a popular Atlanta suburb, in Cobb County, only a short 25 minute commute to downtown Atlanta and a 30 minute commute to Hartsfield-Jackson Atlanta International Airport (world's busiest airport).Walk to downtown Austell restaurants & shopping, across the street from Collier Park & Collar Community Center (playground, tennis courts, etc.). Very close to Austell elementary school, Police Station, Daycare, City Hall & Post Office. Great location in the heart of Austell which is prime for new townhome development. Do NOT disturb tenants. Shown by appointment only. Current annual gross rental income: $75,300, Projected annual gross rental income: $123,120. At a Pro Forma CAP Rate of 6.5 % (typical for the Greater Atlanta area) the property value jumps to about $1,391,000. 10 of the 12 units are rented, most on month to month leases way below the market rates of $900 plus a month. Seller is renovating the remaining two vacant units and will rent those for at least $900 a month each. Tenants pay ALL utilities which are separately metered. Property management available. May Rent Roll and other information in attached documents. While the proposed Mixed Use Overlay District (see attached documents) has not yet been approved, it shows what the municipality is rapidly moving toward. Duplexes not sold separately. A high rental market demand here makes renting these units easy!

Exterior Details

ConstructionBrick 4 Sides
Built In1971
ParkingDriveway, Paved
ServicesNear Schools, Near Shopping, Park, Playground, Sidewalks, Street Lights
UtilitiesCable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer
Lot DescriptionLevel
Lot Dimensions92 x 120


Subdivision N/a
Zip Code 30106
City Austell
County Cobb


Elementary Austell
Junior Garrett

Property Data

Status Active
MLS # 6718687
Type Residential Income
Special Investor Owned

Request Information

First Multiple Listing Service

Listing Provided Courtesy Of: Homeland Realty Group, LLC.

Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request. © 2020 First Multiple Listing Service, Inc.

This property information delivered from various sources that may include, but not be limited to, county records and the multiple listing service. Although the information is believed to be reliable, it is not warranted and you should not rely upon it without independent verification. Property information is subject to errors, omissions, changes, including price, or withdrawal without notice.

For issues regarding this website, please contact Eyesore at 678.692.8512.

Data Last updated on July 9, 2020 1:45pm

Ansley Atlanta
Ansley Atlanta
Ansley Atlanta
Ansley Atlanta
Ansley Atlanta

Pin It on Pinterest