2494 Lester Street, Atlanta, GA 30344

$479,000
7
BD
3
BA
2,825
SqFt

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List Price
$479,000
Status
ACTIVE
Days on Market
31
MLS#
7820754
Subtype
Residential
Style
Other
Year Built
1930
Bedrooms
7
Bathrooms
3
Full Baths
3
Living Area
2,825
Lot Size
11,194
Acres
0.26
Subdivision
Semmes Park
Neighborhood
Semmes Park

Property Description

Rare Investment Opportunity offering TWO SEPARATE RESIDENCES and multiple streams of rental income in the heart of East Point's growing Semmes Park community! Ideal for investors looking to expand their portfolio, house hackers, or buyers seeking a flexible income-producing property, this unique setup includes a main residence plus a separate two-story rear residence with two additional units. The main residence offers approximately 1,225 square feet with 3 bedrooms and 1 bathroom and is currently tenant-occupied, providing immediate rental income. Tucked behind the main home, the rear residence features two separate 2-bedroom, 1-bathroom units, each approximately 800 square feet. The upper unit is currently leased, while the lower unit is vacant and features an open living and kitchen area, two bedrooms, a full bathroom, updated flooring, and fresh neutral paint giving the next owner the opportunity to place a tenant and further maximize the property's income potential. With two income-producing units already in place and a third unit ready for its next occupant, this property offers a compelling combination of existing cash flow and additional upside. Seller is also offering multiple investment properties at 3181 Church St and 4010 Boulder Park Dr SW and is open to selling all three properties together with potential seller financing, creating a rare opportunity to acquire SEVERAL units across three income-producing properties. Located in one of Metro Atlanta's fastest-growing areas, enjoy easy access to East Point's revitalized Downtown District with local restaurants, shops, and MARTA, while being just minutes from Downtown Atlanta, Midtown, Hartsfield-Jackson International Airport, Tyler Perry Studios, and major highways.

Additional Information

Interior Features
Entrance Foyer, High Speed Internet, Other
Exterior Features
Other
Taxes
$4,815
Property Description
Other
Flooring
Hardwood, Other
Appliances
Dishwasher, Electric Oven, Electric Range
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Other
Exterior Features
Other
Stories
Two
Levels
Two
Roof
Composition
Parking
Driveway, Level Driveway
Elementary School
Hamilton E. Holmes
Middle School
Paul D. West
High School
Tri-Cities
View
City, Other

Listing courtesy of Bolst, Inc..

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