616 Moreland Se Avenue, Atlanta, GA 30316

$492,000

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Sold Price
$492,000
List Price
$499,000
Days on Market
72
Closing Date
Dec 18, 2024
MLS#
7454321
Year Built
1948
Lot Size
8,712
Acres
0.20

Property Description

Charming Turn-Key Duplex in East Atlanta Village. Seize the chance to own this income-producing duplex located in the highly sought-after East Atlanta Village. This traditional brick bungalow is a true gem, offering a prime investment opportunity in one of Atlanta's hottest in-town neighborhoods. Nestled within walking distance to Brownwood Park, a variety of restaurants including Banshee, a vibrant food hall, and shops, this is an unbeatable location. It's perfect for investors looking for a seamless, turn-key rental property or a savvy homeowner wanting to live in one unit and rent the other. This duplex includes Unit A, which features a spacious layout with 3 bedrooms and 2 full baths, complete with separate front and side entrances. Unit B offers a cozy setup with 2 bedrooms and 1 bath, along with a separate living room. The interior of the property showcases beautiful hardwood floors, modern kitchens with updated cabinets and slate tile, newer appliances, and bathrooms enhanced with slate and subway tiles. The property also offers an inviting front porch, perfect for relaxation, with easy access to all the amenities and entertainment that East Atlanta Village has to offer. Parking is ample, with plenty of space and accessible through a back alley or the driveway on Moreland Ave. Units are side by side, and both units have private entrances and porch access, along with their own washer and dryer hookups, separate meters, and water paid by the landlord. Systems of the house are well maintained and with updated plumbing and sewer line in 2022, and a new vapor barrier in the crawlspace. Both units are currently rented with long term tenants, and the lease agreements will be transferred to the buyer at closing. Please be aware that all units are tenant-occupied; respect their privacy by not walking through the property. This duplex offers everything an investor or homeowner could desire: a prime location, a well-maintained property, great tenants, and a strong rental history. Don’t miss out on this exceptional opportunity in East Atlanta Village!

Additional Information

Utilities
Electricity Available, Sewer Available, Water Available, Other
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Brick 4 Sides
Roof
Composition, Shingle
Elementary School
Burgess-Peterson
Middle School
Martin L. King Jr.
High School
Maynard Jackson

Listing Courtesy Of Keller Williams Realty Metro Atlanta, Contact:

Selling Office: Harry Norman REALTORS.

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