1122 CARNES Place SW  • Atlanta , Georgia 

Listing ID: 7206384
Price: $460,000
Status: Active
Address: 1122 CARNES Place SW
City: Atlanta
State: Georgia
Postal Code: 30310
Acres: 0.122
County: Fulton - GA
Subdivision: 1408
This 6-bedroom 3-bathroom house is currently fully occupied and generating monthly cash flow. With a NOI of over $40,000 / year after property management fees and utilities, it's the perfect property to add to your portfolio. There are six tenants in place so please do not disturb them without first making an appointment. No sign.

Primary Features

County: Fulton - GA
Property Sub Type: Other
Property Type: Residential Income
Subdivision: 1408
Year Built: 1920


Cooling: Central Air
Furnished: Furnished
Heating: Natural Gas, Forced Air
Levels: One
Room Basement Level: Basement


Construction Materials: HardiPlank Type
Fencing: Chain Link
Land Lot: 121
Lot Features: Level
Lot Size Dimensions: 50x100
Lot Size Source: Public Records
Number Of Units Total: 6
Parking Features: Level Driveway
Parking Total: 6
Pool Private: no
Property Attached: no
Roof: Composition
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Body Name: None
Water Source: Public
Window Features: Double Pane Windows


Association: no
Community Features: None
Directions: Use GPS
District: 14
Elementary School: T. J. Perkerson
Elementary School Bus Route: yes
High School: G.W. Carver
High School Bus Route: yes
Middle School: Sylvan Hills
Middle School Bus Route: yes
View: Other
Waterfront Features: None


Accessibility Features: None
Assumable: no
Green Energy Efficient: Appliances, Thermostat, Water Heater, Windows, Roof, Lighting
Green Energy Generation: None
Mls Property Type: Residential Income
Mls Status: Active
Owner Second: no
Property Condition: Updated/Remodeled
Section GMD: Unknown
Special Circumstances: Investor Owned, Corporate Owner, Sold As/Is
Unit Count: 1


Cap Rate: 9
Current Price: 460000
Gross Income: 62544
Listing Terms: Cash, Conventional, 1031 Exchange
Net Operating Income: 42472
Owner Financing: no
Special Listing Conditions: None
Tax Annual Amount: 5365
Tax Block: NA
Tax Lot: Unk
Tax Year: 2022

Zoning Info

Listing Provided Courtesy of Bakers Bridge Property Management. Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. The offer of compensation is made only to participants of the MLS where the listing is filed. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2023 First Multiple Listing Service, Inc. Data last updated Thursday, September 21st, 2023.
Listed By: Bakers Bridge Property Management

Schedule a Showing - Listing ID 7206384

Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call Drew Brown at 678-549-4194.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker