2732 Oldknow Drive NW, Atlanta, GA 30318

$345,000
7
BD
3
BA

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List Price
$345,000
Status
ACTIVE
Days on Market
0
MLS#
10818069
Subtype
Residential
Style
Ranch
Year Built
1962
Bedrooms
7
Bathrooms
3
Full Baths
3
Lot Size
12,414
Acres
0.29
Subdivision
Collier Heights

Property Description

**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!

Additional Information

Interior Features
Master On Main Level
Exterior Features
Other
Property Description
Ranch
Flooring
Hardwood, Carpet
Appliances
Dishwasher, Microwave, Refrigerator
Heating
Central
Air Conditioning
None
Stories
2 Stories
Levels
Two
Parking
Off Street
Elementary School
Usher
High School
Douglass
View
City

Listing courtesy of Area West Realty.

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