718 E Ponce De Leon Avenue, Decatur, GA 30030

$900,000

61 Photos

Property Description

Investor opportunity in the heart of Decatur! This historic tri-plex offers three units with long term tenants already in place, providing immediate income potential for a turnkey investment. Future value can be had if a new owner develops some of the remaining lot into another residential unit. The property features two units in the main home plus a third unit above the detached two-car garage. A new roof and new upstairs heat pump add value and peace of mind, while original wood paneling and built-in bookshelves preserve the home's historic character. Situated on a double, corner lot with two driveways, a large backyard, three established garden plots, and a screened porch off the downstairs unit. Shared basement storage includes laundry and workshop space, with direct basement access for all units. Excellent location just two blocks from Glenwood Elementary, moments from the Avondale Estates Marta, downtown Decatur and approximately 1.3 miles from Agnes Scott College. A rare opportunity to own a multi-unit property in a highly convenient Decatur location

718 E Ponce De Leon Avenue | MLS# 10857828

This multi-family property located at 718 E Ponce De Leon Avenue, Decatur, GA 30030 is currently listed for sale with an asking price of $900,000. Search Decatur real estate on jlederman.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Ceiling Fan(s), Central Air
Garage: 4
Heating: Heat Pump, Natural Gas
Lot Size: 0.31 Acres
Stories: 2.0
Taxes: $15,752
Year Built: 1932

Feature Descriptions

Amenities: Sidewalks, Near Public Transport, Walk To Schools
Days on Site: 1
Exterior: Brick, Vinyl Siding
Parking Notes: Garage
Sewer: Public Sewer
Units: 3
Water: Public

Local Schools

High School: Decatur
Middle School: Beacon Hill
Elementary School: Glennwood

Listed By / Shown By

Listed By

Agency Name: Redfin Corporation
Agency Phone: 404-800-3623

Shown By

Agent Name: Jonathan Lederman
Agent Phone: Cell: (425) 209-9956
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 6,111.86 per month $4,536.69 Principal & Interest $1,312.67 Property Tax $262.50 Homeowner's Insurance

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