Atlanta, GA 30316,482 Maynard TER SE
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Atlanta, GA 30316,482 Maynard TER SE
Atlanta, GA 30316,482 Maynard TER SE
Atlanta, GA 30316,482 Maynard TER SE
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$ 450,000
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482 Maynard TER SE Atlanta, GA 30316

8 Beds

2 Baths

1,887 SqFt


UPDATED:

03/14/2025 06:20 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status New

Purchase Type For Sale

Square Footage 1,887 sqft

Price per Sqft $238

Subdivision Glenwood Acres

MLS Listing ID 10478909

Style Bungalow/Cottage

Bedrooms 8

Full Baths 2

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 1948

Annual Tax Amount $1,215

Tax Year 2024

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 13503.6

Property Sub-Type Single Family Residence

Property Description

Seize this rare chance to acquire a high-potential PadSplit in one of Atlanta's most dynamic rental markets! 482 Maynard Terrace SE is a single-story, 8-bedroom, 2-bathroom home with a large unfinished basement offering very healthy cash flow with massive additional potential if the basement were finished out. Currently tenant-occupied but underperforming, this property has the bones to become a premium co-living space catering to renters seeking affordability without sacrificing lifestyle. At peak performance, projections show gross rents exceeding $8,000 per month with net income potential over $4,000 per month and that's before expanding into the basement to add additional rooms. With some strategic updates and repairs, this property could become one of the highest-grossing PadSplits in the area, drawing in residents who value both affordability and proximity to EAV's buzzing social scene.

Location

State GA

County Dekalb

Rooms

Basement Daylight, Exterior Entry, Unfinished

Interior

Interior Features Other

Heating Central

Cooling Central Air

Flooring Hardwood

Fireplace No

Appliance Microwave, Refrigerator

Laundry In Kitchen

Exterior

Parking Features Off Street

Garage Spaces 2.0

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 2

Garage No

Private Pool No

Building

Lot Description Other

Faces From I-20E, take exit 60B for Maynard Terrace SE. Turn right onton Maynard Terrace SE. Continue straight and the property will be on your left

Foundation Block

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Burgess-Peterson

Middle Schools King

High Schools Mh Jackson Jr

Others

HOA Fee Include None

Tax ID 15 178 02 057

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Resale


Georgia MLS - GAMLS
agent

Pat Sheppard

Broker Associate | PHPA313775

+1(678) 793-8612

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482 Maynard TER SE