Turnkey Student Housing Investment Opportunity in the Heart of Atlanta! Investment Property Hitting The 1% Rule Just In Time For The 2026 World Cup In Atlanta. Add an instant, reliable cash-flowing asset to your rental portfolio with this fully occupied 4-bedroom, 2-full-bath rooming house generating $3,200 per month in gross room rentals, plus an additional $50-$75 per month in coin-operated laundry revenue. Positioned for premium student housing, this income-producing property is located directly between Ashview Heights and the prestigious Atlanta University Center (AUC), offering unbeatable proximity to Clark Atlanta University, Morehouse College, Spelman College, and Morris Brown College. This low-maintenance, turnkey asset features a new roof installed within the last 2 years, durable central air and heat, a recently updated shared kitchen, and absolutely no carpet for seamless tenant turnarounds. The property conveys with all existing tenants on mostly highly flexible month-to-month agreements, and the owner bills back directly for water and electricity, protecting your net operating income (NOI). Please note that Room 4 with the private full bath is not pictured, and all marketing photos are from a prior 2024 marketing period when the rooms were professionally cleaned and turned over. Do not miss this rare opportunity to secure immediate, passive cash flow with a strong 2-year track record of averaging ~$800 per room in a high-growth Atlanta submarket!
Listed By
Agency Name: Keller Williams Realty Atl Partners
Agency Phone: 770-632-1112
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,223.85 per month $723.31 Principal & Interest $405.75 Property Tax $94.79 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
219 Joseph E Lowery Boulevard Sw | MLS# 7778016
This single family home located at 219 Joseph E Lowery Boulevard Sw, Atlanta, GA 30314 is currently listed for sale with an asking price of $325,000. This property was built in 1930 and has 4 bedrooms and 2 full baths with 1379 sq. ft. Joseph E Lowery Boulevard Sw is located in the Ashview Heights subdivision within the M. A. Jones - Booker T. Washington school district. Search Ashview Heights real estate on www.crye-leike.com today.