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487 Granite Ridge PL Sandy Springs, GA 30350
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Key Details
Sold Price $153,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Northridge Crossing
MLS Listing ID 6680511
Sold Date 03/31/20
Construction Status Resale
HOA Y/N No
Originating Board FMLS API
Year Built 1986
Annual Tax Amount $1,379
Tax Year 2018
Lot Size 2,565 Sqft
Acres 0.0589
Property Description
MAZING OPPORTUNITY FOR INVESTORS. THERE IS NO HOA IN THIS COMMUNITY.COMPLETELY NEWLY RENOVATED TOWNHOME IN THE HEART OF SANDY SPRINGS! SHOWS LIKE NEW CONSTRUCTION. NEW PAINT, NEW CARPET, NEW CEILING FANS, NEW PATIO FENCE, NEW LIGHT FIXTURES, NEW WINDOW BLINDS, AND RENOVATED KITCHEN. GORGEOUS KITCHEN WITH SS APPLS, BEAUTIFUL CABINETRY, TILED BACKSPLASH & GRANITE C'TOPS, GREAT ROOM W/FP, FENCED BACKYARD, TONS OF STORAGE SPACE! MASTER STE W/UPGRADED PRIV BATH. AND JETTED JACUZZI TUB. SPACIOUS SECONDARY BR. ONCE AGAIN FOR INVESTORS THERE IS NO HOA IN THE COMMUNITY. MARKET RENT ON THIS NEWLY RENOVATED TOWNHOUSE IS $1,400. THE CAP RATE IS 9.3%!!!! THE HOME IS VACANT AND READY FOR IMMEDIATE OCCUPANCY. ON SUPRA AND AVAILABLE TO SHOW ANYTIME. SELLER ALSO IS SELLING 485 GRANITE RIDGE PLACE (THE TOWNHOME NEXT DOOR TO 487), SO THIS CAN BE SOLD AS A PACKAGE DEAL. 485 GRANITE RIDGE HAS TENANTS IN PLACE UNTIL FEB. 28TH, 2021. THEY HAVE BEEN THERE FOR 4 YEARS AND PAY ON TIME AT $1,150 PER MONTH.
THIS UNIT WAS BUILT FROM THE GROUND UP DUE TO FIRE IN 2013 SO UNIT IS ONLY 7 YEARS OLD.
Location
State GA
County Fulton
Area 131 - Sandy Springs
Lake Name None
Interior
Heating Forced Air, Other
Cooling Attic Fan, Ceiling Fan(s), Central Air
Window Features Insulated Windows
Exterior
Garage Detached
Fence Wood
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other
View Other
Roof Type Other
Accessibility None
Handicap Access None
Parking Type Detached
Total Parking Spaces 2
Building
Lot Description Other
Story Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Woodland - Fulton
Middle Schools Sandy Springs
High Schools North Springs
Others
Senior Community no
Tax ID 17 002500040225
Special Listing Condition None
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Bought with Coldwell Banker Residential Brokerage