Description
Discover a lucrative investment opportunity in historic South Atlanta! This corner lot features TWO HOUSES on ONE lot, each with separate meters, offering endless possibilities. Renovate the larger home at 1437 Murray into an impressive 3-bed, 2-bath residence with a basement studio apartment. Adjacent to it, 34 Thirkeld awaits transformation into a charming 2-bed, 2-bath cottage. Generate additional income by renting to Section 8 tenants or Airbnb guests to cover your mortgage. Section 8 rents can reach $2900/month for the three-bedroom unit and $2410/month for the two-bedroom unit. Airbnb estimates earnings at $3692/month for the three-bedroom unit and $2983/month for the two-bedroom unit. Conveniently located near the Atlanta BeltLine, this area offers excellent amenities. After repairs, expect the home value to range from the upper 400s to the mid-500s, ensuring a substantial return on investment. Ask for a brochure to learn more about this fantastic investment opportunity!
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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1,650SQFT
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$139$/SQFT
School Information
Description
Discover a lucrative investment opportunity in historic South Atlanta! This corner lot features TWO HOUSES on ONE lot, each with separate meters, offering endless possibilities. Renovate the larger home at 1437 Murray into an impressive 3-bed, 2-bath residence with a basement studio apartment. Adjacent to it, 34 Thirkeld awaits transformation into a charming 2-bed, 2-bath cottage. Generate additional income by renting to Section 8 tenants or Airbnb guests to cover your mortgage. Section 8 rents can reach $2900/month for the three-bedroom unit and $2410/month for the two-bedroom unit. Airbnb estimates earnings at $3692/month for the three-bedroom unit and $2983/month for the two-bedroom unit. Conveniently located near the Atlanta BeltLine, this area offers excellent amenities. After repairs, expect the home value to range from the upper 400s to the mid-500s, ensuring a substantial return on investment. Ask for a brochure to learn more about this fantastic investment opportunity!
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