2855 Shallowford Rd

Atlanta, GA 30341

$449,900
Last Sold Price
4
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/15/23
Closed 11/15/23
a view of a house with outdoor space

Description

Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with a family room and kitchen. Recent improvements include two new driveways(a $6K improvement), one to each unit, and major renovations to unit 2855 in 2023 that include new electrical, new windows, renovated kitchen with new cabinets, new sink, countertops,...Amazing opportunity for the savvy investor! Located in highly desirable Chamblee area near I85 and within walking distance to Dresden Elementary school, makes this a highly desirable four sided brick rental. Each unit has 2 bedrooms and 1 bathroom with a family room and kitchen. Recent improvements include two new driveways(a $6K improvement), one to each unit, and major renovations to unit 2855 in 2023 that include new electrical, new windows, renovated kitchen with new cabinets, new sink, countertops, refrigerator, new lvp flooring, new stove, new hot water heater, 4 new AC window units, renovated bathroom, refinished hardwoods, and furnace replacement in 2021. A new hot water heater was installed in unit 2853 in 2023. The property just recently appraised for $520K and the appraisal is available upon request. The current rental rates are below market value, current rental rates are typically $1,400-$1,600. Investors can buy now and raise rates as-is or renovate and raise to even higher rates and refinance. Tenants are on a month-to-month rental. Why buy one when you can buy two? There is an additional duplex for sale a few houses down at 2881 Shallowford Rd, and seller would prefer to sell both duplexes at the same time. Tenants currently occupy the property, please do not walk the property or disturb the tenants.

Property Details for 2855 Shallowford Road

Subdivision Complex
Whispering Hills
Num Of Parking Spaces
3
Parking Features
Driveway, Paved
Property Attached
No
Waterfront Features
None
Furnished
Unfurnished
LISTING CLOSED: 11/15/2023 12:00 AM

Property Details for 2855 Shallowford Road

StatusClosed
MLS #7266303
Days on Market36
Taxes$4,682 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1961
Lot Size0.40 AC / 17,424 SF
CountyDeKalb County
Get preapproved with Rocket Mortgage1

Location

Sold By Rudhil Companies, LLC, Kiara Velasco

Add your commute

Building Information for 2855 Shallowford Road

Stories1Residences2Year Built1961Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$2,632 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$390

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2855 Shallowford Road

Summary
Location and General Information
  • Community Features: Public Transportation, Sidewalks
  • Directions: 85 North to Left on Shallowford, home is on the right.
  • Lake Name: None
  • View: Other
  • Coordinates: -84.289916, 33.871106
Taxes and HOA Information
  • Parcel Number: 18 268 10 037
  • Tax Year: 2022
  • Association: No
  • Block: C
  • Tax Legal Description: See attachments
  • Tax Lot: 36
School Information
  • Elementary School: Dresden
  • High School: Cross Keys
  • Middle School: Sequoyah - DeKalb
Parking
  • Open Parking: Yes
Agent
Payment and Rate
  • Concessions Amt: $13,500.00
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Basement: None
  • Flooring: Laminate
  • Levels/Stories: One
  • Window Features: None
  • Bathrooms Total Interger: 0
Exterior Features
  • Accessibility Features: None
  • Construction Materials: Brick 4 Sides
  • Fencing: None
  • Roof Type: Composition, Shingle
  • Security Features: None
  • Pool Private: No
Property
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
  • Water Source: Public
Property and Assessments
  • Assumable: No
  • Home Warranty: No
  • Proposed Financing: Cash, Conventional
  • Plat Book: 0
  • Plat Page: 0
  • Property Condition: Resale
  • Possession: Subject To Tenant Rights
Green Features
  • Green Energy Efficient: None
  • Green Energy Generation: None
Lot Information
  • Section/GMD: 0
  • Land lot: 268/269
  • Lot Features: Other
  • Acreage Source: Public Records
  • Lot Size Dimensions: 190 x 85
Multi Family
Multi-Family Information
  • Unit Count: 2
  • NUM OF UNITS: 2
Unit 1
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Hardwood Floors, Range/Oven, Refrigerator, Smoke Alarm, Window Units
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Tenant Occupies
  • Unit Water Included: No
  • Unit Rent Amount: $900.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Unit 2
  • Unit Deposit Amount: $.00
  • Unit Electric Included: No
  • Unit Features: Hardwood Floors, Range/Oven, Window Units
  • Unit Garbage Included: Yes
  • Unit Gas Included: No
  • Unit Half Baths: 0
  • Unit Maintenance Included: Yes
  • Unit Occupant: Vacant
  • Unit Water Included: No
  • Unit Rent Amount: $.00
  • Unit Full Baths: 1
  • Unit Bedrooms: 2
Rental
Rent Information
  • Terms: Conventional
  • Occupant Types: Tenant

Public Records for 2855 Shallowford Road

Taxable ValueLand$28,600Additions$138,240Total$166,840
Tax Record2025$8,066 ($672 / month)
Home Facts
Baths2Total Finished SqFt1,701 SqFtAbove Grade Finished SqFt1,701 SqFtStories1Lot Size16,117 SqFtStyleDuplexYear Built1961ZoningR75CountyDEKALBAPN18 268 10 037Fireplace TypeHas Fireplace

Schools near 2855 Shallowford Road

This home is within Dekalb County School District.
Rating
School
Type
Grades
Distance
Dresden Elementary School
Public - PK to 5
Sequoyah Middle School
Public - 6 to 8
Cross Keys High School
Public - 9 to 12
Tapestry Public Charter School
Charter - 6 to 12
Rating
School
Distance
Dresden Elementary School
PublicPK to 5

Sequoyah Middle School
Public6 to 8

Cross Keys High School
Public9 to 12

Tapestry Public Charter School
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
2845 Shallowford Road, Atlanta, GA 30341
$250,000
–
2
1,701
0.37
2859 Shallowford Road, Atlanta, GA 30341
$195,000
–
2
1,782
0.37
2867 Shallowford Road, Chamblee, GA 30341
$71,500
–
2
1,868
0.36
2839 Shallowford Road, Atlanta, GA 30341
$205,000
–
2
1,755
0.37
2837 Shallowford Road, Unit 2837&2839, Atlanta, GA 30341
$205,000
–
–
–
–

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.