3059 Nottaway Court, Atlanta, GA 30341

$598,900

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List Price
$598,900
Status
ACTIVE
Days on Market
126
Price Change
▼ $1,000 1781384916
MLS#
7740173
Subtype
Residential Income
Year Built
1962
Lot Size
18,295
Acres
0.42
Subdivision
N/A
Neighborhood
N/A

Property Description

Explore this exceptional investment opportunity! This property hosts a licensed residential senior care facility that has been successfully operating for over 20 years. The tenant is prepared to sign a long-term lease and historically demonstrates reliability with on-time payments. The current 3 year lease end March 2027 features a gradual annual increase, starting at $3,800 per month, rising to $4,000, ensuring a dependable and solid income stream. The property boasts 7 bedrooms, 3 bathrooms, and an additional office area, with a size larger than indicated in tax records. Recently upgraded, the home features a new kitchen with elegant granite countertops and stainless steel appliances, high-quality vinyl plank flooring in most areas, fresh interior paint, and updated light fixtures. HVAC systems were replaced in 2017 and 2018, and the exterior benefits from new concrete siding and paint in 2018, along with a new roof in 2019. All three bathrooms were remodeled in 2023. Situated in a convenient location close to I-285 and I-85, shopping, and dining, this property is primed for minimal maintenance costs for the new owner.

Additional Information

Taxes
$9,299
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Central, Zoned
Air Conditioning
Attic Fan, Ceiling Fan(s), Central Air, Zoned
Exterior Construction
Brick 4 Sides
Stories
One
Levels
One
Roof
Shingle
Parking
Detached, See Remarks
Elementary School
Avondale
Middle School
Henderson - Dekalb
High School
Lakeside - Dekalb
View
Other

Listing courtesy of Keller Williams North Atlanta.

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