1070 Mayson Turner RD NW, Atlanta, GA 30314
1070 Mayson Turner RD NW, Atlanta, GA 30314
1070 Mayson Turner RD NW, Atlanta, GA 30314
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$489,000
Est. payment /mo
0.25 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Washington Park

MLS Listing ID 10761957

HOA Y/N No

Year Built 2007

Annual Tax Amount $9,232

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 10890

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Turnkey 10-cap professionally managed rental property, one block from the Westside Beltline. Rents average over $7,000 per month. Priced below 2026 appraisal, which came in at $500,000. Currently running at a 10% cap and 20% cash-on-cash ROI. Financials available upon request. Duplex-style: 5BR/2BA on each floor, two full kitchens, two laundry areas, separate entrances connected inside. Operates as two independent units. ~3,600 sq ft on a double lot. Two en-suites in place with space to add three more in the oversized bedrooms and wide upstairs hallway. Rents currently run below market. After a year of capital improvements, there's about $33,000/yr in identified upside between bringing furnished room rents to market and adding three additional en-suites, plenty of square footage to support it without major reconfiguration. Recent improvements: fresh paint, landscaping, front and back deck repair, gutter and downspout repair, new interior and exterior lighting, fully serviced crawlspace. TVs in most rooms. Interior and exterior camera security included. Location: 0.1 mi to bus stop on Joseph E. Boone, blocks from Ashby MARTA, steps from the Beltline. Adjacent to the Atlanta University Center. Floorplan, and full operating financials available. We have preferred coliving lenders that must be used for this transaction due to the setup of the home.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Full, Bath Finished, Daylight, Exterior Entry, Finished

Interior

Heating Forced Air, Electric

Cooling Central Air, Electric

Fireplaces Number 1

Fireplace Yes

Laundry Common Area, In Unit

Exterior

Parking Features Off Street, Parking Pad, Kitchen Level, Side/Rear Entrance

Garage Spaces 4.0

Community Features Sidewalks, Street Lights, Park, Pool, Playground, Tennis Court(s), Fitness Center, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Sewer Connected

View Y/N No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Faces Head southwest on I-20 W to exit 55A for Lowery Blvd/West End, merge onto Park St SW, turn right onto Joseph E Lowery Blvd SW for about a mile, then take a slight left onto Mayson Turner Rd NW and the house is on your left.

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Hollis Innovation Academy

Middle Schools M R Hollis

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 011500060015

Acceptable Financing Cash, 1031 Exchange, Other

Listing Terms Cash, 1031 Exchange, Other

Special Listing Condition Resale, Updated/Remodeled


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1070 Mayson Turner RD NW

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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