1591 Woodland Avenue SE

Description

Investor Special in the Heart of East Atlanta – Endless Potential at an Unbeatable Price! Opportunity is knocking at 1591 Woodland Ave SE! Priced at just $375,000, this duplex offers incredible upside for savvy investors, house hackers, or owner-occupants looking to build wealth through real estate. Featuring two separate units with separate utility meters, the property includes a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, creating multiple income-producing possibilities. While the property needs TLC and renovation, the potential is undeniable. Live in one unit and rent the other, create a high-performing traditional rental portfolio, cater to roommate-style housing, or explore short-term rental opportunities where permitted. Once renovated, estimated combined rental income could approach $4,500 per month, making this an attractive value-add opportunity. Located in one of Atlanta's most dynamic and rapidly growing areas, you'll enjoy convenient access to the Atlanta BeltLine, vibrant East Atlanta Village, downtown Atlanta, major employment centers, MARTA transit, and an abundance of local restaurants, breweries, coffee shops, entertainment venues, and nightlife. Outdoor enthusiasts will appreciate nearby parks and green spaces, while commuters will love the easy access to I-20 and I-285. No HOA. No rental restrictions known. Sold strictly AS-IS. Seller has never occupied the property and provides no disclosures. Buyer and buyer's representative are responsible for independently verifying all information, including but not limited to square footage, zoning, rental restrictions, development potential, school information, condition, and future use suitability. Bring your vision, contractor, and imagination—this is the kind of opportunity that doesn't come along often! - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. - All offers must be entered through propoffers. - An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers site. This fee will be paid at closing from the Broker representing the buyer as selling Broker or transaction broker. - Subject to seller addendum - For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. - All offers are subject to OFAC clearance. - Sold AS IS; NO BLIND offers; POF/pre-qual letter is a must - No disclosures will be provided by seller