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2045 Lois NW Place, Atlanta, GA 30318
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$499,900
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Home Details for 2045 Lois NW Place
Price
$499,900
Type
Multi Family
Year Build
2004
Lot Size
0.172
County
Fulton
Garage
5
Basement
Crawl Space
Tax
$3,144
MLS®️ Listing#
10652939
On exitrealty.com
42 days
Property Description
Serious Investment Opportunity: Legal Duplex - Atlanta's Westside Generating Nearly $6,000/Month in Gross Income--Over a 10% Cap Rate | 16.88% Cash-on-Cash Return | Full Rental Potential: $7,000+ Gross Monthly Presenting a premier investment opportunity: a legal, cash-flowing duplex at 2045 Lois Pl NW, priced competitively at $499,900. This high-performing asset is fully occupied and delivers strong returns, giving investors immediate revenue and significantly reducing vacancy risk upon acquisition. Located in Atlanta's rapidly improving West Side, the property stands to benefit from ongoing neighborhood revitalization and long-term appreciation potential. Both units offer an exceptionally desirable layout-5 bedrooms and 3 full bathrooms per unit-ideal for maximizing rental income. Renovated kitchens, hardwood flooring, and solid brick-and-frame construction (built in 2004) further enhance durability and tenant appeal. The location offers excellent connectivity: just a 10-minute walk to the nearest MARTA bus stop and approximately a 16-minute walk to the nearest MARTA Rail Station, providing direct access to Downtown and Midtown Atlanta, shopping, restaurants, banking, and scenic Westside Park. The property has operated as a successful PadSplit co-living rental since 2019 under a single lease. Investors can further boost returns by self-managing, adding approximately 10% additional income per month.
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- Cooling Information
- Central Air
- Ceiling Fan(s)
- Electric
- Heating Information
- Forced Air
- Central
- Electric
- Water Features
- Public
- Utilities
- Other
- Parking
- Parking Pad
- Basement
- Crawl Space
School Information
School Information for 2045 Lois NW Place
Elementary School
Boyd
Middle School
J. L. Invictus Academy
High School
Douglass
Listing Courtesy: Keller Williams Realty - 404-564-5560
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Market statistics compiled from data from Georgia MLS.
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339
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$499,900
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EXIT TEAM REALTY
1755 The Exchange, Suite 204, Atlanta, GA 30339