$369,900
For Sale

3068 River Oak Road

Decatur, GA 30034
9 beds | 3 baths | 0.29 acres | #7528598
Browse 31 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Calling all real estate investors looking for a strong return on investment! 3068 River Oak Road in Decatur presents a amazing opportunity to acquire a property with a 11% cap rate. This 9-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 3068 River Oak Road is just 0.6 miles to the nearest Marta Bus route, making it easy for current and future occupants to access public transportation options. Make this cash-flowing winner a part of your real estate portfolio today!

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      • InteriorHigh Ceilings 9 ft Main, High Ceilings 9 ft Upper, High Speed Internet, Tray Ceiling(s), Walk-In Closet(s)
      • Lot DescriptionBack Yard, Corner Lot, Front Yard, Private, Sloped
      • Parking FeaturesAttached, Driveway, Garage, Garage Faces Front
      • Exterior MaterialsPrivate Entrance, Private Yard, Rain Gutters
      • Property SubtypeSingle Family Residence
      • Elementary SchoolOak Grove - Dekalb
      • SubdivisionOakvale Heights
      • ViewNeighborhood
      • Sewer InformationPublic Sewer
      • StyleTraditional
      • Middle SchoolCedar Grove
      • High SchoolCedar Grove
      • CountyDekalb - GA
      • Property TypePurchase
      • Original List Price$369,900
      • MLS #7528598
      • MLS #7528598
      • Parking TypeGarage
      • Utility SourcePublic
      • Taxes Annual$5,516
      • Cost369900
      • Property ConditionResale
      • Acres0.29
      • Year Built1996
      • Fireplaces1
      • Bedrooms9
      • Bathrooms3
      • Full Baths3
      • Bedrooms on Main Level5
      • Parking Spaces2
      • Master on Main1

Location

Joanna Myles | REAL Broker LLCReal Broker LLC

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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