3603 Spring Drive

Atlanta, GA 30360

Welcome to a fantastic investment opportunity of this recently foreclosed home! This impressive 12-bedroom, 5-bathroom house with two kitchens and three laundries is a great income generator for investors and it can accommodate multiple families. The house is currently configured for maximum rental income. Also, it's ideal for primary residency for a large family seeking spacious and comfortable living. Located in a family-friendly community at the border of Peachtree Corners City and Dunwoody, offering convenience to I-85, I-285. and Peachtree Industrial Blvd. Situated close to shopping at Walmart Dunwoody and in walking distance to restaurants and public transportation. Come see this property for yourself and explore its potential! According to property records - proforma income from the renting the entire home: main level - 4 BR 2 Full BA, large kitchen, laundry, living room, two terraces, two own entrances - $1,800/month, upper level - 2 BR 1 Full BA, laundry and living room - $1,300/month. lower level - 6 BR, 2 Full BA, laundry and small kitchenette - each room can be rented for $650/month. Overall total potential gross income is $84,000/year and with all subtracted expenses - CAP rate for that property will be around 12%.

Listing Provided Courtesy Of: Igor Arkhipov of Realco Brokers, Inc. ?

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