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Chase Rylee

choosechase.ga@gmail.com +1(706) 654-6420

$ 340,000

Est. payment | -/mo

6,499 Sqft Lot

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$ 340,000

Est. payment | -/mo

Save Virtual Tour

6,499 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision City Of Marietta-Bricewood

MLS Listing ID 7734440

Construction Status Resale

HOA Y/N No

Year Built 1948

Annual Tax Amount $3,519

Tax Year 2025

Lot Size 6,499 Sqft

Acres 0.1492

Property Sub-Type Duplex

Source First Multiple Listing Service

Property Description

WOW! A FANTASTIC OPPORTUNITY just GOT BETTER!!! $25,000 price reduction for Both 493 AND 495 Birney Street. This is a GAME CHANGER...hurry to secure your new investment property and gain a MORE wonderful Rental Income Investment! This is a Duplex with Two Units. 493 and 495 Birney Street - both with leases in place until 2/24/2027 with steady and reliable tenants. 493 Birney is a 2 bed 1 bath unit and 495 Birney has a finished basement providing a 3 bedroom 2 bath unit which is rare for this area. Walkable to Marietta Square and convenient to transportation. This is a GREAT OPPORTUNITY! 495 Birney is leased for $1750 per month and 493 Birney is leased for $1400 a month with a cap rate of 7.8% this is an opportunity not to be missed! The duplex is next door to the park/playground/pavilion making it easy for playing and entertaining of families. The NOI is calculated on annual income of $37800 with the expenses calculated on taxes/insurance of $5519 and accrual of 10% of income for expenses (which is an estimate of over what is currently being spent). To provide an easy purchasing experience the Seller is installing a new dishwasher and new flooring in 495 Birney and the ROOF IS ONE YEAR OLD! Please do not disturb the tenants and a 24 hour notice is required for showings. This is the perfect opportunity to purchase a Residential Rental Income Investment!

Location

State GA

County Cobb

Area City Of Marietta-Bricewood

Lake Name None

Interior

Heating Central, Forced Air, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Window Features Aluminum Frames

Exterior

Parking Features Driveway, Level Driveway

Fence Chain Link

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood, Park/Greenbelt

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level, Other

Story One and One Half

Sewer Public Sewer

Water Public

Level or Stories One and One Half

Structure Type Frame

Construction Status Resale

Schools

Elementary Schools A.L. Burruss

Middle Schools Marietta

High Schools Marietta

Others

Senior Community no

Tax ID 16114300430

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.493and495birneyst.com/unbranded

Listed by Maximum One Greater Atlanta Realtors

Schools and Properties Nearby

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+1(706) 654-6420

choosechase.ga@gmail.com

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495 Birney ST NE Marietta, GA 30060