397 Lincoln Street SW
Atlanta, Georgia 30315

397 Lincoln Street SW Includes:
  • Carpet, Hardwood Floors
  • Back Yard Lot Features
  • Bungalow Style
  • Other Rooms
  • Awning(s), Lighting, Private Rear Entry, Rear Stairs, Storage Exterior
  • Covered, Deck, Patio, Rear Porch Patio and Porch Features
  • Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s) Security Features
  • Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Aluminum Siding, Concrete Construction
  • Composition Roof
  • None Pool
  • Central Air Cooling
  • Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available Available
  • Covered, Driveway Parking
  • Awning(s), Lighting, Private Rear Entry, Rear Stairs, Storage Exterior
  • High Speed Internet
  • Central Heating
  • Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer

Remarks:

Great investment opportunity. Remodeled and updated in 2018 and has been an income powerhouse. Currently leased with a long term Tennant at $1,300 a month with roughly five months remaining on lease with interest in renewing.Roughly 750 sqft basement with separate exterior entrance, wired and plumbed. Was once an apartment. Owner was planning to finish it out and turn it into another unit. Owner was also in the process of building an ADU in the large back yard for a third unit. Potential monthly revenue estimated to be around $2800 - 3200 with the added units. Tankless water heater installed in 2022 with enough capacity to supply main home, basement apartment, and ADU. Amazing buy and great investment.No wholesalers and not up for assignment. Please do not disturb tenants. ** Seller is a licensed real estate agent.

Directions:

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397 Lincoln Street SW
Atlanta, Georgia 30315

Bedrooms 3
Baths 1
Year Built 1958
Square Feet  1028 (Src:Public Records)
Acres 0.2031
Property Type  Atlanta
Single Family
MLS# 7098769
Listing Status Active Under Contract
Listed By EXP Realty, LLC.
Listing Price $195,000
 
Schools:

Elem SchoolS L Lewis
Middle SchoolParks
High SchoolG W Carver
 
Bedrooms 3
Baths 1
Year Built 1958
Square Feet  1028 (Src:Public Records)
Acres 0.2031
Property Type  Atlanta
Single Family
MLS# 7098769
Listing Status Active Under Contract
Listed By EXP Realty, LLC.
Listing Price $195,000
 
Schools:

Elem SchoolS L Lewis
Middle SchoolParks
High SchoolG W Carver
 

397 Lincoln Street SW Includes:
  • Carpet, Hardwood Floors
  • Back Yard Lot Features
  • Bungalow Style
  • Other Rooms
  • Awning(s), Lighting, Private Rear Entry, Rear Stairs, Storage Exterior
  • Covered, Deck, Patio, Rear Porch Patio and Porch Features
  • Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s) Security Features
  • Breakfast Bar, Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters, Stone Counters, View to Family Room
  • Aluminum Siding, Concrete Construction
  • Composition Roof
  • None Pool
  • Central Air Cooling
  • Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available Available
  • Covered, Driveway Parking
  • Awning(s), Lighting, Private Rear Entry, Rear Stairs, Storage Exterior
  • High Speed Internet
  • Central Heating
  • Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Washer

Remarks:

Great investment opportunity. Remodeled and updated in 2018 and has been an income powerhouse. Currently leased with a long term Tennant at $1,300 a month with roughly five months remaining on lease with interest in renewing.Roughly 750 sqft basement with separate exterior entrance, wired and plumbed. Was once an apartment. Owner was planning to finish it out and turn it into another unit. Owner was also in the process of building an ADU in the large back yard for a third unit. Potential monthly revenue estimated to be around $2800 - 3200 with the added units. Tankless water heater installed in 2022 with enough capacity to supply main home, basement apartment, and ADU. Amazing buy and great investment.No wholesalers and not up for assignment. Please do not disturb tenants. ** Seller is a licensed real estate agent.

Directions:

Follow GPS.

Additional Photos:
      
 
        
 
Listing Provided Courtesy of: EXP Realty, LLC..

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