864 Capitol View Avenue NWAtlanta, GA 30318
Investor special with light value-add opportunity in a high-demand rental area! <Here is your perfect BRRRR investment> This 2006-built home offers 4 bedrooms, 3 bathrooms, and 1,760 square feet of living space on a large 0.41-acre lot. Previously used as a Section 8 rental, the property was bringing in $2,400/month. The tenant has recently moved out, making it easy for an investor to step in and lease right away with a little clean up or make updates to force equity. According to Rentometer, market rents in the area range from $1,900 to $2,700/month, and the Atlanta Housing Authority has announced a rental rate increase for 2026 (buyer to verify with AHA). The home was originally a 3-bedroom and part of the living room was converted to a fourth bedroom; easily revert to the original layout by removing one wall. With a solid structure, HUGE lot, and cute curb appeal this is the opportunity you have been waiting for! The oversized lot offers room to add an ADU, providing additional income potential. Whether you're looking for a strong cash-flowing property or a rental with long-term upside, this home checks all the boxes. Also ideal for homebuyers using 203k loans! {Wholesalers do not pursue, EMD due with accepted offer and NO assignments. No blind offers}
| 5 months ago | Listing updated with changes from the MLS® |
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