**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!
Key Facts
Style:
Year Built: 1962
Status: Active
Schools
Elementary School: Bazoline E. Usher/Collier Heights
Middle School: John Lewis Invictus Academy/Harper-Archer
High School: Frederick Douglass
Bedrooms
Beds Total: 7
Bathrooms
Baths Full: 3
Baths Half: 0
Main Full Baths: 2
Master Bath Features: Tub/Shower Combo
Kitchen & Dinning
Dining Room Desc:
Kitchen Features: Breakfast Bar, Cabinets White, Eat-in Kitchen, Country Kitchen, Kitchen Island
Exterior & Lot Features
Private Yard
Other
Complex/Building Access:
Other Rooms
Basement: Full
Den
Family Room
Great Room
Interior Features
High Ceilings 9 ft Lower
High Ceilings 9 ft Main
Building & Construction
Style: , Ranch
Energy Features: None
Roof: Shingle, Other
Construction Desc: Brick
Accessibility Features
None
Garage & Parking
Driveway
Heating & Cooling
Cooling Desc: None
Fireplaces: #0
Heat Type: Central
Fireplace Features:
Appliances
Dishwasher
Electric Cooktop
Microwave
Refrigerator
Amenities & Community Features
Near Public Transport
Sidewalks
Public Transportation
Powered Boats Allowed
Street Lights
Laundry Features/Location: In Hall, Lower Level, Laundry Closet
School Information
Elementary School: Bazoline E. Usher/Collier Heights
Middle School: John Lewis Invictus Academy/Harper-Archer
High School: Frederick Douglass
Homeowners Association
Assoc Fee Desc:
Other Property Info
City: Atlanta
Subdivision: Collier Heights
State: GA
Directions: From Downtown Atlanta, take I-20 West to I-285 North. Exit at Donald Lee Hollowell Parkway (US-78) and travel east. Turn left onto Collier Drive NW, then right onto Oldknow Drive NW. The property will be on your left at 2732 Oldknow Drive NW, Atlanta, GA 30318. GPS-friendly location.
or
From Donald Lee Hollowell Parkway, turn onto Collier Drive NW, then right onto Oldknow Drive NW. Property on left.
