2483 Memorial Drive SE
Atlanta, GA 30317
- 7 beds
- 3.5 baths
- 2,886 sqft
- 5,663 sqft lot
- $240 per sqft
- 1937 build
- – on site
This property offers a rare chance to own a fully occupied, high-end, cash-flowing coliving rental on the PadSplit platform. Launched in February 2024, the property has steadily leased up throughout the year and is now operating at full potential. Spanning nearly 3,000 sq ft, this recently renovated, energy-efficient home features high-quality finishes and thoughtful updates, making it an attractive option for tenants. In December 2024, the property generated over $9,000 in gross income, about $6,500 net after expenses! To learn more about PadSplit and how it maximizes returns for investors, Google PadSplit or contact the listing agent directly. Don't miss this opportunity to own a turnkey investment property with proven results!
Listing courtesy of GAMLS / Josh Stanton / Keller Williams Realty
Last checked:
Checking…
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Last updated Jan 10, 2025
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MLS# 10438008 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1937
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Construction Materials:Wood Siding
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Architectural Style:Traditional
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Structure Type:House
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Roof:Other
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Foundation Details:Block
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Levels:Two
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Basement:Crawl Space
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Total Finished Area:2886
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Above Grade Finished:2886
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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, Porch
Interior
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Interior Features:High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
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Kitchen Features:Solid Surface Counters
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Dining room Features:Separate Room
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Security Features:Smoke Detector(s)
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Flooring:Hardwood
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Rooms:Other
Financial & Terms
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Home Warranty:No
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Possession:Close Of Escrow
Location
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Latitude:33.747049
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Longitude:-84.305721
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:15
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Lot Features:Other
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Lot Size Acres:0.13
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Lot Size Source:Public Records
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Parcel Number:15 181 05 015
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Leased Land:No
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Land Lot:181
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Fencing:Back Yard, Wood
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Waterfront Footage:No
Listing Agent
- Contact info:
- Agent phone:
- (404) 564-5560
- Office phone:
- (404) 564-5560
Taxes
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Tax Year:2023
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Tax Annual Amount:$2,884
Beds
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Bedrooms:7
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Bed Main:3
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Bed Upper Level:4
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
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Half Baths:1
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Main Half Baths:1
Heating & Cooling
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Heating:Central
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Electricity Available, Natural Gas 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:Dishwasher, Dryer, Refrigerator, Washer
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Laundry Features:Laundry Closet
Schools
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District:15
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Elementary School:Toomer
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Elementary Bus:No
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Middle School:King
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Middle School Bus:No
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High School:MH Jackson Jr
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High School Bus:No
The Community
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Subdivision:East Lake
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Community Features:None
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Association:No
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Association Fee Includes:Other
Parking
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Parking Features:Off Street
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Parking Total:2
Monthly cost estimate
Asking price
$695,000
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. |
$3,721
|
Taxes | $240 |
Insurance | $191 |
Utilities | $233 See report |
Total | $4,385/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).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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1/10/25
Jan 10, 2025
|
Listed / Active | GAMLS | $695,000 | 143.9% (124.2% / YR) |
11/14/23
Nov 14, 2023
|
GAMLS | $285,000 | -34.5% | |
10/18/23
Oct 18, 2023
|
GAMLS | $435,000 |