Atlanta, GA 30316,616 Moreland AVE SE
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Atlanta, GA 30316,616 Moreland AVE SE
Atlanta, GA 30316,616 Moreland AVE SE
Atlanta, GA 30316,616 Moreland AVE SE
Atlanta, GA 30316,616 Moreland AVE SE

$492,000

Est. payment /mo

$499,000

1.4%
Est.Price: ?

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616 Moreland AVE SE Atlanta, GA 30316

8,712 Sqft Lot

SOLD DATE : 12/18/2024

Key Details

Sold Price $492,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision East Atlanta Village

MLS Listing ID 7454321

Year Built 1948

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

Charming Turn-Key Duplex in East Atlanta Village.
Seize the chance to own this income-producing duplex located in the highly sought-after East Atlanta Village.
This traditional brick bungalow is a true gem, offering a prime investment opportunity in one of Atlanta's hottest in-town neighborhoods. Nestled within walking distance to Brownwood Park, a variety of restaurants including Banshee, a vibrant food hall, and shops, this is an unbeatable location. It's perfect for investors looking for a seamless, turn-key rental property or a savvy homeowner wanting to live in one unit and rent the other.
This duplex includes Unit A, which features a spacious layout with 3 bedrooms and 2 full baths, complete with separate front and side entrances. Unit B offers a cozy setup with 2 bedrooms and 1 bath, along with a separate living room.
The interior of the property showcases beautiful hardwood floors, modern kitchens with updated cabinets and slate tile, newer appliances, and bathrooms enhanced with slate and subway tiles.
The property also offers an inviting front porch, perfect for relaxation, with easy access to all the amenities and entertainment that East Atlanta Village has to offer. Parking is ample, with plenty of space and accessible through a back alley or the driveway on Moreland Ave. Units are side by side, and both units have private entrances and porch access, along with their own washer and dryer hookups, separate meters, and water paid by the landlord. Systems of the house are well maintained and with updated plumbing and sewer line in 2022, and a new vapor barrier in the crawlspace.
Both units are currently rented with long term tenants, and the lease agreements will be transferred to the buyer at closing.
Please be aware that all units are tenant-occupied; respect their privacy by not walking through the property.
This duplex offers everything an investor or homeowner could desire: a prime location, a well-maintained property, great tenants, and a strong rental history. Don't miss out on this exceptional opportunity in East Atlanta Village!

Location

State GA

County Dekalb

Interior

Heating Central

Cooling Central Air

Exterior

Parking Features Level Driveway

Fence Wood

Community Features None

Utilities Available Electricity Available, Sewer Available, Water Available, Other

Waterfront Description None

View City

Roof Type Composition,Shingle

Building

Lot Description Private

Story One

Sewer Public Sewer

Water Public

Structure Type Brick 4 Sides

New Construction No

Schools

Elementary Schools Burgess-Peterson

Middle Schools Martin L. King Jr.

High Schools Maynard Jackson

Others

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Realty Metro Atlanta
Bought with Harry Norman REALTORS
agent

Pat Sheppard

Broker Associate | PHPA313775

+1(678) 793-8612

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