3603 Spring Drive Atlanta, GA 30360

Multi-Family (2-4 Units) MLS #: 7377240 Courtesy Of REALCO BROKERS INC.

$495,000

0.46 acres
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Est. Property Tax: $10,892
Estimated monthly payments: $3,071/mo.* (recalculate)

Property InformationDescription

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%.
MORTGAGE CALCULATOR

Features

  • Age: 21-30 Years Old
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s), Central A/C
  • Floor Covering: Hardwood, Tile, Tile - Ceramic
  • Heating Fuel: Natural Gas
  • Heating System: Central Furnace
  • Lot Size: 0.46 Acres
  • Roof Type: Composition Shingle

MAP & DIRECTIONS

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3603 Spring Drive, Atlanta, GA 30360
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School Information

3603 Spring Drive, Atlanta, GA 30360

Elementary School
Grades KG-5 | Public School
SUSAN O. STRIPLING ELEMENTARY SCHOOL
Norcross, GA 30071
6155 Atlantic Blvd
770.­582.7577
Distance: 1.8 mi
School Rating
C+
Student:Teacher Ratio
13:1
Total Students
669
Middle School
Grades 6-8 | Public School
PINCKNEYVILLE MIDDLE SCHOOL
Peachtree Corners, GA 30092
5440 W Jones Bridge Rd
770.­263.0860
Distance: 3.8 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
1219
High School
Grades 9-12 | Public School
NORCROSS HIGH SCHOOL
Peachtree Corners, GA 30092
5300 Spalding Dr
770.­448.3674
Distance: 3.5 mi
School Rating
C-
Student:Teacher Ratio
17:1
Total Students
2778
High School
Grades 9-12 | Public School
PAUL DUKE STEM HIGH SCHOOL
Norcross, GA 30071
5850 Peachtree Industrial Blvd
470.­323.3600
Distance: 2.4 mi
School Rating
A
Student:Teacher Ratio
19:1
Total Students
1087
Other Nearby Schools Distance Type Grades School Rating
Crossroads Christian Academy 1.5 mi Private PK-12
Hightower Elementary School 1.7 mi Public PK-5 D+
Kingswood Preschool 2.0 mi Private PK-KG
Chesnut Charter Elementary School 2.1 mi Public PK-5 C+
Peachtree Charter Middle School 2.1 mi Public 6-8 C+
Oakcliff Elementary School 2.3 mi Public PK-5 C+
Brookhaven Innovation Academy 2.3 mi Public KG-8 B-
Kingsley Charter Elementary School 2.3 mi Public PK-5 C-
National High School 2.3 mi Private 11-12
Peachtree Elementary School 2.3 mi Public KG-5 C+
Dunwoody Christian School 2.5 mi Private KG-3
Al Furquan Academy 2.7 mi Private KG-8
Dunwoody Elementary School 2.8 mi Public PK-5 B-
Country Brook Montessori School 2.9 mi Private PK-2
North Metro Academy Of Performing Arts 2.9 mi Public KG-5 C
International Charter Academy Of Georgia 3.0 mi Public KG-5 B+
Huntley Hills Elementary School 3.0 mi Public PK-5 D
Gwinnett Intervention Education (give) Center West 3.0 mi Public 7-12 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlanta, GA 30360

Median Age: 33
Married: 48%
Number of Households: 6,604
Households with Children: 33.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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