862 Mitchell ST, Atlanta, GA 30314
862 Mitchell ST, Atlanta, GA 30314
862 Mitchell ST, Atlanta, GA 30314
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$489,000
Est. payment /mo
4,007 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 7748283

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,803

Tax Year 2024

Lot Size 4,007 Sqft

Acres 0.092

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

Location

State GA

County Fulton

Area None

Lake Name None

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Hardwood

Window Features Insulated Windows

Exterior

Parking Features Paved

Fence Chain Link

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Public Transportation, Street Lights, Tennis Court(s)

Utilities Available Underground Utilities

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 6

Private Pool false

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Construction Status Updated/Remodeled

Schools

Elementary Schools M. A. Jones

Middle Schools Herman J. Russell West End Academy

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 010900010901

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First Multiple Listing Service(FMLS)
Listed by Coldwell Banker Realty

Nearby Locations

Latonia Knox
Latonia Knox

Broker Associate | License ID: Ga: 365526 Mi: 6506048686

+1(678) 674-7929 | lknox@axenrealty.com

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Axen Realty Logo Fort Knox Realty Logo
Real Estate Services

LaTonia Knox
Associate Broker – GA & MI
Phone: (678) 674-7929
Email: lknox@fortknoxrealty.com
www.fortknoxrealty.com
8735 Dunwoody Place, Ste 6
Atlanta, GA 30350

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LaTonia Knox – NMLS #2596429
NEXA Mortgage, LLC – Corporate NMLS #1660690
5559 S Sossaman Rd, Bldg #1 Ste #101
Mesa, AZ 85212
Licensed in GA, MI, FL & TX

Mortgage services provided by NEXA Mortgage, LLC. This is not a commitment to lend. All loans subject to underwriting approval. Programs and rates subject to change.

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