Sold

495 Birney St NE, Marietta, GA 30060

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMaximum One Greater Atlanta Realtors
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Overview

WOW! A FANTASTIC OPPORTUNITY just GOT BETTER!!! $25,000 price reduction for Both 493 AND 495 Birney Street. This is a GAME CHANGER...hurry to secure your new investment property and gain a MORE wonderful Rental Income Investment! This is a Duplex with Two Units. 493 and 495 Birney Street - both with leases in place until 2/24/2027 with steady and reliable tenants. 493 Birney is a 2 bed 1 bath unit and 495 Birney has a finished basement providing a 3 bedroom 2 bath unit which is rare for this area. Walkable to Marietta Square and convenient to transportation. This is a GREAT OPPORTUNITY! 495 Birney is leased for $1750 per month and 493 Birney is leased for $1400 a month with a cap rate of 7.8% this is an opportunity not to be missed! The duplex is next door to the park/playground/pavilion making it easy for playing and entertaining of families. The NOI is calculated on annual income of $37800 with the expenses calculated on taxes/insurance of $5519 and accrual of 10% of income for expenses (which is an estimate of over what is currently being spent). To provide an easy purchasing experience the Seller is installing a new dishwasher and new flooring in 495 Birney and the ROOF IS ONE YEAR OLD! Please do not disturb the tenants and a 24 hour notice is required for showings. This is the perfect opportunity to purchase a Residential Rental Income Investment!

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1.5
Lot size (acres)
0.15
Year built
1948

Utilities

Heating
Central, Natural Gas, Forced Air
Cooling
Electric, Central Air, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$3,519

Public schools

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Sourced from: First Multiple Listing Service (FMLS) MLS®#: 7734440 Last checked:

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