648 Cativo DR SW Atlanta, GA 30311
0.63 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Peyton Woods
MLS Listing ID 7582274
Construction Status Resale
HOA Y/N No
Year Built 1978
Annual Tax Amount $5,815
Tax Year 2024
Lot Size 0.627 Acres
Acres 0.6273
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Don't miss this exceptional opportunity to add a cash-flowing, tenant-occupied classic ranch home to your investment portfolio! This charming 4-sided brick bungalow features a full finished basement and has been thoughtfully divided into two completely separate living units, each with private entrances, kitchens, laundry rooms, and fireplaces.
Property Highlights:
Main Level (Unit A): 3 Bedrooms | 2 Full Bathrooms
Lower Level (Unit B): 4 Bedrooms | 1 Full Bathroom
Both Units Currently Tenant-Occupied
Total of 7 Bedrooms and 3 Bathrooms
Situated on a spacious 0.5+ acre lot in a mature, well-established neighborhood
Endless Possibilities:
Live in one unit and rent the other
Rent both units for maximum cash flow
Use the lower level as a mother-in-law suite, teen suite, or short-term rental
Great potential for Airbnb, VRBO, PadSplit, CrashPad, or Furnished Finder executive rentals
OR flip it with strategic updates to push value and rents even higher
Location Benefits:
Close proximity to Hartsfield-Jackson Atlanta International Airport
Minutes from Atlanta University Center
Easy access to major highways and city amenities
This is a versatile investment opportunity with multiple income strategies to explore. Whether you're a seasoned investor or just starting out, this property offers strong upside potential with a bit of vision and creativity.
Can go Cash, FHA, Conventional, 1031 Exchange or VA ****** BUYERS! PLEASE NOTE, THIS HOME IS NOT FOR RENT ***** WE DO NOT ADVERTISE ON RENTLY, CRAIGSLIST, FACEBOOK MARKETPLACE, TIK TOK, INSTAGRAM OR THE LIKE *******
Location
State GA
County Fulton
Lake Name None
Interior
Heating Natural Gas
Cooling Central Air
Flooring Ceramic Tile, Hardwood
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features Near Public Transport, Park, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View Neighborhood
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Back Yard, Wooded
Story One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Peyton Forest
Middle Schools Jean Childs Young
High Schools Benjamin E. Mays
Others
Senior Community no
Tax ID 14 020400040274
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition Trust
