1174 Princess Avenue SW, Atlanta, GA 30310

$329,900

bedrooms

bathrooms

square feet

1,550

Acreage

0.0666

Open Houses

year built

1930

Full Baths

Half Baths

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Turnkey Cash-Flow Rental – Guaranteed Income | Investor’s Dream! This fully renovated 3BR/2.5BA single-family 3 story home is a turnkey rental with a stable long-term tenant already in place, paying $2,500/month via Grady Hospital Behavioral Health (Section 8 program). * Income-Producing from Day 1: Gross Cap Rate ~9.5%. *Government-backed rental income * Tenant has been in place for 2+ years and wants to stay. * Rent paid on time every month through Grady’s Behavioral Health housing program. **Renovated Down to the Studs (2022): Brand new roof, HVAC, furnace, electrical, plumbing, new flooring, drywall, insulation, kitchen, and baths, modern finishes = low maintenance for years to come, ***Turnkey & Hands-Off: Newly Renovated. * Reliable program-backed tenant, Low-maintenance asset for long-term buy-and-hold strategy. Perfect for: In town or Out-of-state investors seeking strong cash flow. Landlords wanting passive, predictable income. Don’t miss this high-yield, low-hassle Atlanta investment! ****. Blocks from the Belt-line, Lee & White District (Wild Heaven Brewing and Monday Night Garage) all the Belt-line restaurants. Near I-75/I-85, abundant green-space, and minutes from Downtown Atlanta's shopping, restaurants, and nightlife, Hartsfield Atlanta International Airport, the Beltline.

Location
Subdivision	Oakland City
County	Fulton - GA
Elementary School	Fulton - Other
Middle School	Sylvan Hills
High School	Fulton - Other

Driving directions

Open houses

None scheduled.

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MLS number: 7536602

Listing agent: Jeill Howell

Listing broker: First United Realty (770) 650-2825

Copyright © 2025 First Multiple Listing Service, Inc. 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: Wednesday, April 23 2025 at 4:10 a.m. EDT

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