2732 Oldknow Drive NW,Atlanta, GA 30318
Atlanta, GA 30318
Description
**Income-Producing Investment Opportunity in Historic Collier Heights!** Start earning **immediate rental income from day one** with this fully operational PadSplit investment located in Atlanta's historic **Collier Heights** community. Currently **5 of the 7 bedrooms are occupied by long-term tenants**, allowing the new owner to benefit from established cash flow immediately after closing while offering the opportunity to increase income by leasing the remaining two bedrooms. This spacious four-sided brick, two-story home is thoughtfully configured for shared living and features two separate kitchens, providing flexibility and convenience for tenants. Whether you're a seasoned investor looking to expand your portfolio or a first-time investor seeking a turnkey property with income already in place, this property presents an exceptional opportunity. Located in the nationally recognized **Collier Heights Historic District**, one of Atlanta's most significant communities known for its beautiful mid-century homes, mature trees, and rich history, residents enjoy convenient access to Downtown Atlanta, West Midtown, Georgia Tech, Mercedes-Benz Stadium, major interstates (I-20 & I-285), public transportation, and the rapidly expanding Westside corridor. The nearby Westside Reservoir Park, shopping, dining, and employment centers continue to drive demand for quality housing in the area. Investment Highlights: * Current owner willing to manage property for 1 year! WIN for you- step into income without uncertainty. Newbies can learn the ropes. * Turnkey PadSplit investment * 5 of 7 bedrooms currently occupied by long-term tenants- take over lease or owner to provide notice prior to closing * Immediate cash flow at closing * Opportunity to increase revenue by leasing the remaining bedrooms * Two-story, four-sided brick construction * 2 separate kitchens for enhanced functionality * 3 full bathrooms. Don't miss this opportunity to own a cash-flowing investment in one of Atlanta's most historic and rapidly evolving neighborhoods. Schedule your showing today and begin building wealth from day one!
Details
| MLS # | 10818069 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 58 |
| Listing Provided By | Area West Realty | Nia Knowles |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.29 |
| Property View | Yes |
Interior
| Appliances | Dishwasher, Microwave, Refrigerator |
|---|---|
| Interior Features | Master On Main Level |
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Central |
| Heating Yes / No | Yes |
| Fireplace Yes / No | No |
| Fireplaces Total | 0 |
| Room Kitchen Features | Breakfast Bar, Country Kitchen, Kitchen Island |
| Laundry Features | In Hall, Laundry Closet |
Exterior
| Accessibility Features | Other |
|---|---|
| Exterior Features | Other |
| Lot Features | City Lot |
| Construction Materials | Brick |
| Roof | Other |
| Fencing | Back Yard |
| Patio And Porch Features | Porch |
| Security Features | Smoke Detector(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Parking Features | Off Street |
Utilities
| Utilities | Electricity Available, Cable Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 2337 |
|---|---|
| Tax Year | 2025 |
Location
| Community Features | Sidewalks, Street Lights, Near Public Transport, Walk To Schools, Near Shopping |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton |
| City | Atlanta |
| Zip Code | 30318 |
| Area | Fulton |
| Community Name | Collier Heights |
| School District | Douglass |
| Elementary School | Usher |
| High School | Douglass |
| Listing VS Median (in Collier Heights) | |
Price: $345,000 low | high Med: $215,000 On site: 58 low | high Med: 8 | |
Market Activity 30318
Request a showing
Request a showing
Contact
Learn More About This Property
| State | GA |
|---|---|
| County | Fulton |
| City | Atlanta |
| Zip Code | 30318 |
| Area | Fulton |
| Community Name | Collier Heights |
| School District | Douglass |
| Elementary School | Usher |
| High School | Douglass |
| Listing VS Median (in Collier Heights) | |
Price: $345,000 low | high Med: $215,000 On site: 58 low | high Med: 8 | |
