2520 Rex Road, Ellenwood, GA 30294
- $290,000
- 9
- BD
- 3
- BA
- 1,201
- SqFt
- Sold Price
- $290,000
- List Price
- $269,000
- Days on Market
- 11
- Closing Date
- Aug 28, 2024
- MLS#
- 7412962
- Year Built
- 1974
- Bedrooms
- 9
- Bathrooms
- 3
- Living Area
- 1,201
- Lot Size
- 11,238
- Acres
- 0.26
Property Description
Rare, 12% CAP Occupied PadSplit grossing over $5700+ per month gross income per month, consistently even factoring in vacancy. Close to Clayton State University, and around the corner multiple interestates for superb connectivity and access to job centers. Mind boggling cash flow will give you a cash-on-cash return of 20%+! Powered by PadSplit, this occupied rental is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling.
Additional Information
- Taxes
- $2,923
- Property Description
- Traditional
- Interior Layout
- Other
- Interior Features
- Other
- Kitchen Features
- Cabinets White, Stone Counters
- Appliances
- Dryer, Electric Range, Microwave, Refrigerator, Washer
- Utilities
- Electricity Available, Water Available
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Brick, Wood Siding
- Exterior Features
- Rain Gutters
- Roof
- Composition, Shingle
- Pool
- None
- Elementary School
- Clayton - Other
- Middle School
- Clayton - Other
- High School
- Clayton - Other
Listing courtesy of Keller Williams Realty Metro Atlanta. Contact:
Listing Courtesy Of Keller Williams Realty Metro Atlanta, Contact:
Selling Office: Cornerstone Real Estate Partners, LLC.
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