482 Maynard TER SE new Save Request In-Person Tour Request Virtual Tour
Atlanta,GA 30316
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,887 sqft
Price per Sqft $238
Subdivision Glenwood Acres
MLS Listing ID 7541168
Style Bungalow
Bedrooms 8
Full Baths 2
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1948
Annual Tax Amount $1,215
Tax Year 2024
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Single Family Residence
Property Description
Seize this rare chance to acquire a high-potential PadSplit in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing PadSplits in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.
Location
State GA
County Dekalb
Lake Name None
Rooms
Bedroom Description None
Other Rooms None
Basement Daylight,Exterior Entry,Unfinished
Main Level Bedrooms 8
Dining Room None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Ceramic Tile,Hardwood
Fireplaces Type None
Window Features None
Appliance Gas Range,Microwave,Refrigerator
Laundry In Kitchen
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway,On Street
Fence None
Pool None
Community Features None
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
Waterfront Description None
View Neighborhood
Roof Type Composition,Shingle
Street Surface Asphalt
Accessibility None
Handicap Access None
Porch Deck
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard,Front Yard
Story One
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Burgess-Peterson
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Restrictions false
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing no
Special Listing Condition None