89 Ollie, Atlanta GA 30314

$550,000

89 Ollie, Atlanta, GA 30314

bedrooms

bathrooms

square feet

Acreage

0.094

Open Houses

year built

1930

Full Baths

Half Baths

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Offered at $550,000 with a CAP rate of 7%, this investment property boasts a potential annual gross income of $85,000. Currently 100% occupied with many tenants currently applying, it's a perfect 1031 exchange candidate or even for a first-time investment. Renovated in 2024 as a student housing property, it includes two units, the upstairs with 5 rooms, 1 bathroom, the downstairs with 5 rooms and 1 bathroom. Each unit has full kitchens, as well as updated features including new HVAC, water heaters, wash/dryer, and keyless entry. The property is in close proximity to Morehouse, Georgia Tech, Spellman, MARTA, and shopping. This turnkey investment is a high-yield, easy-to-manage asset. Property is great for DSCR loan or even a 1031 exchange. This property is for sale by the owner and can be reached at via phone (803-760-3631) or via email (stuarthhope@gmail.com). Tours can be scheduled after proof of funds have been sent and an initial call between the buyer and the seller has occurred.

Location
Subdivision	NA
County	Fulton
Elementary School	Dunbar
Middle School	Herman J. Russell
High School	Carver

Driving directions

Open houses

None scheduled.

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MLS number: 10474701

Listing agent: Stuart Hope

Listing broker: Atlanta Leasing & Investment (404) 348-4448

Copyright © 2025 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Sunday, March 9 2025 at 3:11 p.m. EDT

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