2130 Donald Lee Hollowell Parkway, Atlanta, GA 30318

$239,000

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List Price
$239,000
Price Change
▼ $3,000 1784229337
MLS#
10793881
Status
ACTIVE
Type
Multifamily
Subtype
Multi Family
Lot Size
0.338
Subdivision
GROVE PARK

Property Description

Attention investors! This fully renovated, turn-key property presents an outstanding opportunity to add a high-performing asset to your portfolio with NO HOA restrictions-giving you the flexibility to maximize rental income without unnecessary limitations or monthly fees. With projected market rents of approximately $2,000 per month, this property offers strong cash flow potential and comes close to (or exceeds) the highly sought-after 1% Rule, making it an attractive option for both seasoned investors and first-time landlords. Whether you're looking for a long-term rental, Section 8 investment, or an appreciating asset in one of Atlanta's fastest-growing corridors, this property checks all the boxes. The home has already undergone extensive renovations, significantly reducing future capital expenditures. Major improvements include a new HVAC system, new appliances, updated flooring, modern kitchen and bathrooms, fresh finishes throughout, and move-in-ready condition from day one. That means less money spent on repairs and more time collecting rent. Situated on a large lot with no HOA, there is additional upside for future value, outdoor amenities, or simply providing tenants with a feature that's increasingly difficult to find. The location continues to benefit from ongoing redevelopment and strong rental demand, positioning investors for both immediate income and long-term appreciation. Opportunities like this-fully renovated, low-maintenance, no HOA, and strong rental potential-don't stay on the market long. Whether you're building your portfolio or completing a 1031 exchange, this is the type of asset investors are actively seeking. Easy Showings. Stop by now. Room to grow into the basement area..

Additional Information

Stories
1 Story
Year Built
1930
Parking
Parking Pad
Sewer
Public Sewer
Elementary School
Other
High School
Douglass
Acres
0.34
Levels
One

Listing courtesy of Virtual Properties Realty.com.

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