1188 Sims Sw Street, Atlanta, GA 30310
- $249,900
- List Price
- $249,900
- Price Change
- ▼ $35,100 1777321954
- MLS#
- 7692900
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Duplex
- Lot Size
- 0.128
- Subdivision
- Tristan Cooley & Shervan Wilson
Property Description
SHORT SALE!!! SHORT SALE!! Investor Needed. BRRRR, Fix and FLIP or BUY and HOLD, or an AIRBNB. The choice is yours. Opportunity meets timing with this value-add duplex offering immediate upside for investors ready to execute. One unit is vacant and primed for renovation, while the second unit is tenant-occupied with a lease secured through 2027, providing holding income during repositioning. The property requires full modernization, presenting a clear pathway for investors seeking to renovate, stabilize, or explore redevelopment strategies. Several nearby properties have recently undergone significant improvements or new construction, reinforcing ongoing reinvestment activity on the street. Property is less than 10 minutes from the Belt line, Zoo Atlanta, Tyler Perry Studios and the Atlanta University Center (Spellman, Morehouse, Clark and Morris Brown College) and so many more tourist and local destinations around downtown Atlanta. A short drive to Interstate 85 and located on the public transit line for the environment conscience tenant or visitor. This can be the a great investment for the right buyer or investor. Seller is exploring short sale options, creating a compelling entry point for buyers seeking to acquire with margin and vision. Shared parking improvements and interior updates offer additional avenues to enhance long-term performance. Offered "AS - IS, WHERE IS". Serious investors encouraged to submit offers and explore the potential this property presents.
Additional Information
- Stories
- One
- Construction
- Vinyl Siding
- Year Built
- 1930
- Neighborhood Amenities
- None
- Roof
- Shingle
- Lot Dimensions
- x
- Parking
- None
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Charles L. Gideons
- Middle School
- Sylvan Hills
- High School
- G.W. Carver
- Acres
- 0.13
- Dock
- None
- Levels
- One
- Gross Income
- 35520
- Taxes
- $5,254
Listing courtesy of Virtual Properties Realty.com.
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