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Kesha Kennedy

admin@legacysouthreg.com +1(678) 767-9201

$ 270,000

Est. payment | -/mo

9 Beds

3 Baths

2,352 SqFt

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$ 270,000

Est. payment | -/mo

Save

9 Beds

3 Baths

2,352 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $114

Subdivision Stoneridge

MLS Listing ID 10888800

Style Traditional

Bedrooms 9

Full Baths 3

HOA Y/N No

Year Built 1980

Annual Tax Amount $4,553

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 11325.6

Property Sub-Type Single Family Residence

Source Georgia MLS 2

Property Description

Unique income-producing investment opportunity in Riverdale! This 9-bedroom, 3-bath home is currently operating as an established, furnished PadSplit co-living rental property with residents in place. Offered at $270,000, approximately $30,000 per rentable bedroom, with documented 2026 operating history supporting an estimated 11% cap rate after estimated insurance. Located approximately 6 miles from Hartsfield-Jackson Atlanta International Airport, the property offers 2,352 square feet on a 0.26-acre lot in the Stoneridge subdivision. Features include a finished partial basement with bathroom, basement laundry, central HVAC, and a carport. An opportunity for investors seeking an existing income-producing rental operation without undertaking the conversion and initial lease-up process. Illustrative financing scenarios indicate potential cash-on-cash returns approaching 20%, subject to financing terms, operating expenses, and investment assumptions. Contact the listing agent for additional information, historical financial performance, and access to the full investment offering. Property is tenant-occupied. No showings until under contract. Please do not disturb residents.

Location

State GA

County Clayton

Rooms

Bedroom Description No

Basement Bath Finished, Finished, Partial

Interior

Interior Features Other, Roommate Plan

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Carport, Attached

Garage Spaces 1.0

Community Features None

Utilities Available Other

View Y/N No

Roof Type Composition

Total Parking Spaces 1

Private Pool No

Building

Lot Description Other

Faces I75S to Exit 237A (Hwy 85), Right on Church St, Left on Excalibur Dr, Left on Aubrey Dr, House is on Right

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Multi/Split

Structure Type Stone,Vinyl Siding

New Construction No

Schools

Elementary Schools Church Street

Middle Schools Riverdale

High Schools Riverdale

Others

HOA Fee Include None

Tax ID 13184B E020

Special Listing Condition Resale

NEARBY SCHOOL & BUSINESS

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+1(678) 767-9201

admin@legacysouthreg.com

240 Corporate Center Dr, Ste F, Stockbridge, GA 30281, United States

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7305 Aubrey DR Riverdale, GA 30296