Listing provided courtesy of Michelle Graves of Presley Roth Real Estate. Last updated 2021-11-24 10:31:33.000000. Listing information © 2024 FMLS.
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Asking Price: $740,000
1040 Hemphill, Atlanta GA 30318
Community: 22 - Atlanta North
This Single Family Residence property was built in 1925 and is priced at $740,000. Please see the additional details below.
Fantastic investment opportunity in Home Park--the heart of W. Midtown, situated between Atlantic Station, Westside Provisions district, and steps from Georgia Tech campus. Located less than 3 miles from Westside Park/Bellwood Quarry and the future 90 acre Microsoft campus. Brand new paint throughout entire home. Current furnishings negotiable. Est. actual cap rate 7.78% for unfurnished units, up to 8.3% w/ furnished units. NOI approx. $57,600 for unfurnished units.
Current owners were previously receiving $6200 in rent.