2461 Mcalpin Terrace
$515,000
2461 Mcalpin Terrace, East Point, GA 30344
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 06/14/2025
11
Cap Rate
55,399
NOI
Details:
Cap Rate: 11%
NOI: $55,399
Units: 3
Year Built: 1964
Highlights:
- Lot Features: Level, Other
- Gross Income: 64800
- Bathrooms Total: 0
- Cooling: Central Air
- Heating: Central, Forced Air
- Construction Materials: Cedar, Wood Siding
- Parking Features: Garage, Level Driveway, Paved
- Accessibility Features: Accessible Doors
- Security Features: None
Description:
Reduced! Turn Key Cash flowing Triplex with an 11% Cap Rate! Cash cow!! All new everything! Great tenants in place! Clean! Everything is updated in each unit! New appliances, flooring, updated kitchen, roof, HVAC, electrical. Easy rental! Each unit has its own private backyard. Great location walking distance from Greenbriar mall, restaurants and public transportation. Quiet neighborhood with lots of development. Sits in a quiet cul-sac. Fully renovated, better than new Triplex. Don't miss out on this rare opportunity!!
PLEASE DO NOT DISTURB TENANTS. SHOWINGS ARE ONLY DURING DUE DILIGENCE!
Location
Gallery
