2284 Emerald Springs Drive
Decatur, GA 30035
- 9 beds
- 3 baths
- 1,932 sqft
- 12,632 sqft lot
- $183 per sqft
- 1972 build
- – on site
Calling all real estate investors looking for a strong return on investment! 2284 Emerald Springs Drive in Decatur presents a fantastic opportunity to acquire a property with a 12.4% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. Incredibly close to MARTA (6-minute walk to the nearest bus station) 2284 Emerald Springs is an excellent location for occupants who live and work in Metro Atlanta. With I-20 and 285 intersecting just west of the property, getting around Metro Atlanta is as easy as 1-2-3. Make this cash-flowing winner a part of your real estate portfolio today!
Last checked:
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Last updated Feb 21, 2025
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MLS# 10464007 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1972
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Construction Materials:Vinyl Siding
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Architectural Style:Brick 4 Side, Traditional
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Structure Type:House
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Roof:Composition
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Foundation Details:Block
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Levels:Multi/Split
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Basement:Bath Finished, Daylight, Exterior Entry, Finished, Interior Entry
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Total Finished Area:1932
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Above Grade Finished:1932
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Living Area Source:Public Records
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Common Walls:No Common Walls
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Patio And Porch Features:Deck
Interior
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Interior Features:Central Vacuum, Two Story Foyer
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Kitchen Features:Breakfast Area, Pantry, Solid Surface Counters
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Dining room Features:Separate Room
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Flooring:Carpet, Tile
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Rooms:Foyer
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.721375
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Longitude:-84.227374
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Private
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Lot Size Acres:0.29
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Lot Size Source:Public Records
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Parcel Number:15 132 10 028
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Leased Land:No
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Vegetation:Grassed
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Fencing:Back Yard, Chain Link
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Waterfront Footage:No
Listing Agent
- Contact info:
- Agent phone:
- (404) 482-2293
- Office phone:
- (404) 482-2293
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,534
Beds
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Bedrooms:9
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Bed Main:5
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Bed Upper Level:3
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Bed Lower Level:1
Baths
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Full Baths:3
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Main Level Full Baths:1
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Upper Level Full Baths:2
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric, Zoned
Utilities
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Utilities:Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Disposal, Electric Water Heater, Microwave, Oven/Range (Combo), Refrigerator
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Laundry Features:In Garage
Schools
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Elementary School:Canby Lane
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Elementary Bus:No
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Middle School:Mary Mcleod Bethune
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Middle School Bus:No
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High School:Towers
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High School Bus:No
The Community
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Subdivision:Emerald Estates
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Community Features:Street Lights, Walk To Schools, Walk To Shopping
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Association:No
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Association Fee Includes:None
Parking
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Parking Features:Off Street
Monthly cost estimate
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Asking price
$354,500
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,898
|
Taxes | $377 |
Insurance | $97 |
Utilities | $215 See report |
Total | $2,587/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/21/25
Feb 21, 2025
|
Relisted | GAMLS | $354,500 | 28.9% (21.1% / YR) |
10/10/23
Oct 10, 2023
|
FMLS | $275,000 | ||
10/4/23
Oct 4, 2023
|
FMLS | $275,000 |