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4148 Rainbow Drive

Decatur, GA 30034
  • $240,000
  • STATUS: Active
  • ON SITE: 209 Days
  • MLS #: 10189601
Price Reduced
$240,000
  • 0
    BEDS
  • 1.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,180
    SQFT
  • $110
    $/SQFT
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Description

Great location! 5+ bedrooms, 2 bath on 1.5 acres. Fixer upper. Savvy buyer can renovate and possibly add second home on property. Previously used as a transition home for a nursing home. Near Wesley Chapel and I-20. Sold "As Is". The property is used for transitional housing. The 7 tenants pay $500- $600 per month each on month to month leases. It was originally a recovering alcohol and drug abuse facility with a state contract. It housed 2 people per room at $500.00 per bed.(this program would have to be re-instated). The roof is a 35 year architectural roof installed in 2018. The HVAC was installed in 2019. The hot water heater was installed in 2020. It has newer double insulated windows. The building is "sprinked" for a commerical building. It has upgraded plumbing for handicap bathroom (permitted). It has upgraded electrical. It has hardwired smoke detectors. It sits on 1.5+ commercially zoned acres.

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Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Reign | Give Back Real Estate | eXp Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-03-05T00:07:43.83.
www.reignsold.com/homes/142228328
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4148 Rainbow Drive Decatur, GA 30034

  • Price: $240,000
  • Status: Active
  • On Site: 209 Days
  • MLS #: 10189601
0
Beds
0
Baths
0
½ Baths
1.54
Acres
2,180
SQFT
$110
$/SQFT
1960
Built
County:
Dekalb
Area:
DECATUR
Property Description
Great location! 5+ bedrooms, 2 bath on 1.5 acres. Fixer upper. Savvy buyer can renovate and possibly add second home on property. Previously used as a transition home for a nursing home. Near Wesley Chapel and I-20. Sold "As Is". The property is used for transitional housing. The 7 tenants pay $500- $600 per month each on month to month leases. It was originally a recovering alcohol and drug abuse facility with a state contract. It housed 2 people per room at $500.00 per bed.(this program would have to be re-instated). The roof is a 35 year architectural roof installed in 2018. The HVAC was installed in 2019. The hot water heater was installed in 2020. It has newer double insulated windows. The building is "sprinked" for a commerical building. It has upgraded plumbing for handicap bathroom (permitted). It has upgraded electrical. It has hardwired smoke detectors. It sits on 1.5+ commercially zoned acres.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Wood Siding Frontage Length Total Road Frontage Length: 100 Garage YN No Lot Features Level Lot Size Area 1.544 Lot Size Source Other Lot Size Units Acres Open Parking YN Yes Parking Features On Street Parking Total 4 Road Surface Type Paved Roof Other

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 2180 Building Area Units Square Feet Cooling Central Air Cooling YN Yes Flooring CarpetVinyl Heating ElectricCentral Heating YN Yes Living Area Source Agent Living Area Units Square Feet

Property Features

Business Type Other Land Lot 5 Listing Terms CashConventional New Construction YN No Property Condition Resale Property Sub Type Commercial Sewer Septic Tank Special Listing Conditions As IsInvestor OwnedNo Disclosure Structure Type Other Tax Annual Amount 1668 Tax Year 2022 Utilities Other Water Body Name None Water Source Public

GAMLS logo Listing provided courtesy of Coldwell Banker Realty: 404-874-2262. © 2024 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2024 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Team Reign | Give Back Real Estate | eXp Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Team Reign | Give Back Real Estate | eXp Realty. Data last updated: 2024-03-05T00:07:43.83.
 
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