1947 Dunlap Avenue

East Point, GA 30344

$3,350,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Amazing Apartment Investment Opportunity in the heart of the rapid-growing City of East Point. Located in the heart of downtown, just off of main street before entering Historic College Park sits a 75-Unit apartment complex on just over 5 acres of land. There are a total of 8 buildings in this complex. The unit breakdowns are as follows: 40 2bed/1bath units and 35 1bed/1bath units, plus a leasing office, multiple storage rooms for construction/maintenance supplies and a laundry facility. Five of...Amazing Apartment Investment Opportunity in the heart of the rapid-growing City of East Point. Located in the heart of downtown, just off of main street before entering Historic College Park sits a 75-Unit apartment complex on just over 5 acres of land. There are a total of 8 buildings in this complex. The unit breakdowns are as follows: 40 2bed/1bath units and 35 1bed/1bath units, plus a leasing office, multiple storage rooms for construction/maintenance supplies and a laundry facility. Five of the buildings have tenants in place, while the remaining three buildings are under construction. Two of the buildings that are under construction are near completion with only punch-list type items remaining to be done. One of the buildings that is under construction still needs a full renovation as it currently only has studs in place. Rent rolls, T12, additional photos of each unit can be sent upon request. Property is located at the end of the street where Dunlap and Vesta meet. There's plenty of parking and even enough land to build another building for units and/or create a playground for the community. Don't miss out on this wonderful opportunity. Recent as-is appraisal and ARV appraisal can be provided. Showings are by appointment only.
  1. Listed by Sarah Lowe • Coldwell Banker Realty

Property Details for 1947 Dunlap Avenue

Subdivision
None
Fees Include
None

Location

Listing Courtesy of Coldwell Banker Realty, Sarah Lowe

Sold By Berkshire Hathaway HomeServices Georgia Properties, Ryan Bowen

Add your commute
LISTING UPDATED: 03/17/2021 02:02 AM

Property Details for 1947 Dunlap Avenue

StatusSold
MLS #8886577
Days on Market4
Taxes$25,163 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family (5+ Units)
Year Built1959
Lot Size5.29 AC / 230,475 SF
CountyFulton County

Location

Listing Courtesy of Coldwell Banker Realty, Sarah Lowe

Sold By Berkshire Hathaway HomeServices Georgia Properties, Ryan Bowen

Add your commute

Building Information for 1947 Dunlap Avenue

Stories2Residences-Year Built1959Building Size-Lot Size5.29 AC / 230,475 SF

Payment Calculator

$20,379 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,282

Property Taxes

$2,097

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1947 Dunlap Avenue

Summary
Location and General Information
  • Area: ATSE
  • District: 0
  • Elementary School: Conley Hills
  • ES Bus: Yes
  • High School: Tri Cities
  • High School Bus: Yes
  • Middle School: Paul D West
  • Middle School Bus: Yes
  • Amenities: Street Lights
  • Directions: From Main Street in East Point head towards Historic College Park Downtown area. Turn Right on Dunlap Ave until you reach the end of the street. Apartments are located at bottom of Dunlap Ave where it meets Vesta Ave.
Taxes and HOA
  • Parcel Number: 14 016300170716
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • Laundry Features: Other
  • Basement Description: Crawl Space
Property
Utilities
  • Cooling: Electric, Central Air
  • Heating Type: Natural Gas, Central
  • Utilities: Sewer Connected
  • Water Source: Public
Property and Assessments
  • Tax Year: 2019
  • Construction: Brick
  • Stories: Two
  • Deed Page: 354
  • Plat Page: 0
  • Property Condition: Resale
  • Deed Book: 54449
  • Plat Book: 0
Lot Information
  • Block: 0
  • Land Lot: 0
  • Lot: 0
  • Section: 0
  • Structure: Multi Family (5+ Units)
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $.00
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $.00
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $.00
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $.00
  • Unit Type Type: 4

Property History for 1947 Dunlap Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1947 Dunlap Avenue

Taxable ValueLand$240,000Additions$101,120Total$341,120
Tax Record2023$9,628 ($802 / month)
Home Facts
Baths1Total Finished SqFt22,878 SqFtAbove Grade Finished SqFt22,878 SqFtStories1Lot Size193,842 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningR3CountyFULTONAPN14 016300170716

Schools near 1947 Dunlap Avenue

This home is within Fulton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Conley Hills Elementary School
PublicPK to 5

Paul D. West Middle School
Public6 to 8

Tri-Cities High School
Public9 to 12

Mcclarin Alternative School
Public10 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

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Sarah Lowe

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.