Bought with Joshua Bowser • Cornerstone R/Estate Partners
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Key Details
Sold Price $249,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $121
Subdivision Summertown West
MLS Listing ID 10289132
Sold Date 05/14/24
Style Traditional
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1980
Annual Tax Amount $3,967
Tax Year 2023
Lot Size 8,712 Sqft
Property Description
BEHOLD this rare opportunity to purchase a seasoned PadSplit coliving home with optional turnkey management. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit is a workforce housing solution that not only helps members save money and live closer to work but provides a great investment for its owner. All members are professionally screened by PadSplit, required to pass a criminal background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated Superhost who coordinates cleaning and repairs, this property is ideal for any investor, regardless of their capacity. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup. OFFER REQUIREMENTS: Property sold as-is, do all due diligence before submitting an offer, $7,500 EM, the closing attorney must be the Fryer Law Firm
Location
State GA
County Dekalb
Rooms
Basement None
Main Level Bedrooms 1
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Laminate
Exterior
Garage Off Street
Community Features None
Utilities Available Other
Roof Type Other
Building
Story Multi/Split
Foundation Slab
Sewer Public Sewer
Level or Stories Multi/Split
Construction Status Resale
Schools
Elementary Schools Allgood
Middle Schools Freedom
High Schools Clarkston
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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