3178 Nectarine Circle, Decatur, GA 30034
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
3178 Nectarine Circle,Decatur, GA 30034
$129,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:james mcgeehan
Office:virtual properties realty. biz
MLS#:7583740
Source:FIRSTMLS
Price summary
- Price:$129,000
About this home
Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME ..
This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026.
This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!
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Home facts
- Year built:1973
- Listing Id #:7583740
- Updated:August 03, 2025 at 01:22 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1973
- Lot area:0.02 Acres
Schools
- High school:Southwest Dekalb
- Middle school:Chapel Hill - Dekalb
- Elementary school:Bob Mathis
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$129,000
- Tax amount:$2,200 (2024)
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