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Property Overview
List Price $489,000
0
862 Mitchell Street Atlanta, GA 30314

Description

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

Property Basics

Location Atlanta, GA 30314
Property Type Residential Income — Other
Status Active
Year Built 1920
Days on Market 18

Key Features

Cooling Ceiling Fan(s), Central Air
Heating Central
Pool
Fireplaces

Additional Details

Lot Size 0.09 acres
Total Units 3
Price per Unit $163,000
0

Financial Overview

Gross Income $54,000
0
Annual Taxes $3,803

Listing provided by: Rick Wiley, Coldwell Banker Realty • 404-252-4908

Information is deemed reliable but not guaranteed. Verify all details independently.

Data last updated: April 23, 2026 at 1:56 PM EDT
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