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678-909-1645
Real Estate Company
495 Birney Ne Street, Marietta, GA 30060
- $340,000
- List Price
- $340,000
- Price Change
- ▼ $25,000 1775585207
- Closing Date
- Jun 04, 2026
- MLS#
- 7734440
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Duplex
- Lot Size
- 0.1492
- Subdivision
- City Of Marietta-Bricewood
Property Description
WOW! A FANTASTIC OPPORTUNITY just GOT BETTER!!! $25,000 price reduction for Both 493 AND 495 Birney Street. This is a GAME CHANGER...hurry to secure your new investment property and gain a MORE wonderful Rental Income Investment! This is a Duplex with Two Units. 493 and 495 Birney Street - both with leases in place until 2/24/2027 with steady and reliable tenants. 493 Birney is a 2 bed 1 bath unit and 495 Birney has a finished basement providing a 3 bedroom 2 bath unit which is rare for this area. Walkable to Marietta Square and convenient to transportation. This is a GREAT OPPORTUNITY! 495 Birney is leased for $1750 per month and 493 Birney is leased for $1400 a month with a cap rate of 7.8% this is an opportunity not to be missed! The duplex is next door to the park/playground/pavilion making it easy for playing and entertaining of families. The NOI is calculated on annual income of $37800 with the expenses calculated on taxes/insurance of $5519 and accrual of 10% of income for expenses (which is an estimate of over what is currently being spent). To provide an easy purchasing experience the Seller is installing a new dishwasher and new flooring in 495 Birney and the ROOF IS ONE YEAR OLD! Please do not disturb the tenants and a 24 hour notice is required for showings. This is the perfect opportunity to purchase a Residential Rental Income Investment!
Additional Information
- Stories
- One and One Half
- Construction
- Frame
- Year Built
- 1948
- Neighborhood Amenities
- None
- Roof
- Composition
- Lot Dimensions
- 100 x 65
- Parking
- Driveway, Level Driveway
- Lot Desc
- Level, Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- A.L. Burruss
- Middle School
- Marietta
- High School
- Marietta
- Acres
- 0.15
- Annual Expenses
- 9299
- Levels
- One and One Half
- Gross Income
- 37800
- Net Operating Income
- $28,501
- Taxes
- $3,519
Listing courtesy of Maximum One Greater Atlanta Realtors.
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