1174 Princess AVE SW Atlanta, GA 30310
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Oakland City
MLS Listing ID 7573131
Construction Status Updated/Remodeled
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1930
Annual Tax Amount $4,647
Tax Year 2023
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type Other
Property Description
Investor Alert: This fully renovated home is in the heart of Atlanta is a high-yield, low-maintenance dream! Currently tenant-occupied and generating $2,500/month through a stable "WITH YEARLY INCREASES", government-backed Section 8 program via Grady Hospital Behavioral Health, this property delivers instant returns and peace of mind.
*Investment Highlights:
Guaranteed Rental Income: $2,500/mo via Grady Behavioral Health (tenant in place 2+ years)
Hands-Off & Turnkey: Renovated down to the studs in 2022
Low Maintenance: New roof, HVAC, furnace, plumbing, electrical, flooring, drywall, kitchen & baths
Program-Backed Tenant: Rent paid consistently and on time
Ideal for Passive Investors: Strong cash flow, minimal upkeep
*Prime Location:
Walking Distance to Atlanta BeltLine & Lee + White District – home to Monday Night Garage, Wild Heaven Brewery, and some of the city's most exciting restaurants and events
Close to Downtown, Hartsfield-Jackson Airport, and major highways (I-75/I-85)
Steps from green space, transit, and emerging neighborhood developments
* Perfect For:
Out-of-state or local investors seeking reliable, turnkey rental income
Anyone looking for a low-hassle, high-yield Atlanta portfolio property
Don't let the exterior fool you—this modernized home offers unbeatable value, location, and stability. A true gem for savvy investors!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Laminate
Window Features None
Exterior
Parking Features Detached, Driveway
Fence Back Yard, Fenced, Wood
Community Features Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Restaurant, Sidewalks, Street Lights
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard, Front Yard, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type HardiPlank Type,Lap Siding,Wood Siding
New Construction No
Construction Status Updated/Remodeled
Schools
Elementary Schools Fulton - Other
Middle Schools Sylvan Hills
High Schools Fulton - Other
Others
Senior Community no
Special Listing Condition None
