2130 Donald Lee Hollowell Nw Parkway, Atlanta, GA 30318
- $239,000
- List Price
- $239,000
- Price Change
- ▼ $3,000 1784229197
- MLS#
- 7795312
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.338
- Subdivision
- Grove Park
Property Description
Attention investors! This fully renovated, turn-key property presents an outstanding opportunity to add a high-performing asset to your portfolio with NO HOA restrictions—giving you the flexibility to maximize rental income without unnecessary limitations or monthly fees. With projected market rents of approximately $2,000 per month, this property offers strong cash flow potential and comes close to (or exceeds) the highly sought-after 1% Rule, making it an attractive option for both seasoned investors and first-time landlords. Whether you're looking for a long-term rental, Section 8 investment, or an appreciating asset in one of Atlanta's fastest-growing corridors, this property checks all the boxes. The home has already undergone extensive renovations, significantly reducing future capital expenditures. Major improvements include a new HVAC system, new appliances, updated flooring, modern kitchen and bathrooms, fresh finishes throughout, and move-in-ready condition from day one. That means less money spent on repairs and more time collecting rent. Situated on a large lot with no HOA, there is additional upside for future value, outdoor amenities, or simply providing tenants with a feature that's increasingly difficult to find. The location continues to benefit from ongoing redevelopment and strong rental demand, positioning investors for both immediate income and long-term appreciation. Opportunities like this—fully renovated, low-maintenance, no HOA, and strong rental potential—don't stay on the market long. Whether you're building your portfolio or completing a 1031 exchange, this is the type of asset investors are actively seeking. Easy Showings. Stop by now. Room to grow into the basement area..
Additional Information
- Stories
- One
- Construction
- Frame, Other
- Year Built
- 1930
- Neighborhood Amenities
- None
- Roof
- Other
- Parking
- Driveway
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Woodson Park Academy
- Middle School
- Fulton - Other
- High School
- Frederick Douglass
- Acres
- 0.34
- Levels
- One
- Taxes
- $2,276
Listing courtesy of Virtual Properties Realty.com.
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