$164,900

866 Capitol View NW Avenue, Atlanta, GA 30318

  • 4 beds |
  • 3 baths |
  • 1,760 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $94/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Investor special with light value-add opportunity in a high-demand rental area! <Here is your perfect BRRRR investment> This 2006-built home offers 4 bedrooms, 3 bathrooms, and 1,760 square feet of living space on a large 0.41-acre lot. Previously used as a Section 8 rental, the property was bringing in $2,400/month under the 4-bedroom voucher rate. The tenant has recently moved out, making it easy for an investor to step in and lease right away with a little clean up or make updates to force equity. According to Rentometer, market rents in the area range from $1,900 to $2,700/month, and the Atlanta Housing Authority has announced a rental rate increase for 2026 (buyer to verify with AHA). The home was originally a 3-bedroom and part of the living room was converted to a fourth bedroom; easily revert to the original layout by removing one wall. With a solid structure, HUGE lot, and cute curb appeal this is the opportunity you have been waiting for! Price for hard money lending formulas. The oversized lot offers room to add an ADU, providing additional income potential. Whether you're looking for a strong cash-flowing property or a rental with long-term upside, this home checks all the boxes. Also ideal for homebuyers using 203k loans! {Wholesalers do not pursue, EMD due with accepted offer and NO assignments. No blind offers}

Listing Status:
Active
Date Added:
August 6, 2025 at 05:00AM
Listing Office:
BSI, LLC : 404-585-1202
Listing Agent:
Micah Mortag : 404-585-1202
MLS ID:
7627896
  • General: High Ceilings 9 ft Main
  • Rooms: BedroomBonus RoomDen
  • Appliances: Other
  • Laundry: Common Area
  • Basement: Crawl Space
  • Flooring: Hardwood
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Forced Air
  • Fireplace: Family RoomFireplaces: 1
  • Disability Feature: None
  • Eco/Green Feature: NoneNone

This listing courtesy of Micah Mortag, BSI, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

W

William M. Boyd Elementary School

1891 Johnson Rd NW, Atlanta, GA, 30318

Grades EE-5

1.14 miles away

B

B.E.S.T Academy

1190 Northwest Dr NW, Atlanta, GA, 30318

Grades 6-12

1.00 miles away

B

B.E.S.T Academy

1190 Northwest Dr NW, Atlanta, GA, 30318

Grades 6-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby