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$195,000
91 Days Online

397 Lincoln Street SW
Atlanta, GA 30315

For Sale|Single Family Home|Active Under Contract
3
Beds
1
Full Bath
0
Partial Baths
1,028
SqFt
$190
/SqFt
1958
Built
Subdivision:
Joyland
County:
Fulton

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404-205-8800
397 Lincoln Street SW397 Lincoln Street SW397 Lincoln Street SW397 Lincoln Street SW
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Great investment opportunity. Remodeled and updated in 2018 and has been an income powerhouse. Currently leased with a long term Tennant at $1,300 a month with roughly five months remaining on lease with interest in renewing. Roughly 750 sqft basement with separate exterior entrance, wired and plumbed. Was once an apartment. Owner was planning to finish it out and turn it into another unit. Owner was also in the process of building an ADU in the large back yard for a third unit. Potential monthly revenue estimated to be around $2800 - 3200 with the added units. Tankless water heater installed in 2022 with enough capacity to supply main home, basement apartment, and ADU. Amazing buy and great investment. No wholesalers and not up for assignment. Please do not disturb tenants. ** Seller is a licensed real estate agent

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Listing Snapshot
Price 
$195,000
Days Online 
91 Days
Bedrooms 
3
Inside Area (SqFt) 
1,028 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.2031 Acres
Year Built 
1958
MLS Number 
7098769
Status 
Active Under Contract
Property Tax 
$2,102
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS
2 months agoStatus changed to Active Under Contract
3 months agoListing first seen online
General Features
Construction 
Aluminum SidingConcrete
Property Condition 
Updated/Remodeled
Basement 
Exterior EntryFullUnfinished
Road 
Asphalt
Parking 
CoveredDriveway
View 
City
Lot 
Back Yard
Sewer 
Public Sewer
Owner Financing 
No
Special Circumstances 
Agent Related to SellerOwner/Agent
Style 
Bungalow
Stories 
One
Green Energy Generation 
None
Green Energy Efficient 
None
Interior Features
Cooling 
Central Air
Appliances 
DishwasherDisposalDryerGas CooktopGas OvenGas RangeGas Water HeaterMicrowaveRefrigeratorSelf Cleaning OvenTankless Water HeaterWasher
Heating 
Central
Kitchen 
Breakfast BarCabinets StainEat-in KitchenPantrySolid Surface CountersStone CountersView to Family Room
Master Bath 
None
Bedroom 
None
Flooring 
CarpetHardwood
Interior 
High Speed Internet
Fireplace 
None
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Exterior Features
Pool Features 
None
Roof 
Composition
Fencing 
None
Parking Features 
CoveredDriveway
Waterfront Features 
None
Exterior 
Awning(s)Private Rear EntryRear StairsStorage
View 
City
Patio/Porch 
CoveredDeckPatioRear Porch
Lot Features 
Back Yard
Community Features
Water 
Public
Dock 
None
Accessibility Features 
None
Security Features 
Carbon Monoxide Detector(s)Fire AlarmSmoke Detector(s)
Community Amenities 
None
Laundry 
Laundry Room
Schools
School District
Unknown
Elementary School
S.L. Lewis
Middle School
Parks
High School
G.W. Carver
Listing Provided Courtesy Of: Korte Riggs of EXP Realty, LLC. ?

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