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.