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$875,000
New Listing

1079 Tumlin Street NW
Atlanta, GA 30318

For Sale|Residential Income|Active
0
Beds
0
Total Baths
1950
Built
Subdivision:
Home Park
County:
Fulton
Listing Provided Courtesy Of: KIM WACHTEL of RE/MAX Around Atlanta Realty Broker: 404-226-0505 Prefer Ph#:kim@kimwachtel.com
Call Now: 404-797-1157
Is this the listing for you? We can help make it yours.
404-797-1157
1079 Tumlin Street NW1079 Tumlin Street NW1079 Tumlin Street NW1079 Tumlin Street NW
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INVESTORS! This is a rare bird - legal duplex turned 7 bedroom, 4 full bath rooming house a long time ago. This cash cow is ready for your 1031 exchange. Monthly income currently $5,425 but could easily be $6000 or more netting 6.5-7% cap rate. Tenants pay ALL utilities. Current owner replaced both HVAC systems (one per floor) and both hot water heaters in 2024. Current tenants are GA TECH students and have leases until mid-May, but two want to stay and can easily fill the next five spots. GaTech College & Young professional HOUSE - Ideally located near GA TECH, this property (7 Bedroom, 4 bath + 3 BONUS ROOMS) has had Little vacancies over the years as GA Tech is a short two blocks away. There are 3 Double-Room Suites that have a common room with bathrooms and one comes with a stackable washer/dryer. There are two bonus rooms upstairs and one downstairs in between the bedrooms providing extra storage/hang-out space. 4 Tenants stay on the top Floor and 3 on the main. Tiled main floor, hardwood stairway and carpeting on the upper level. This is a MUST SEE, as new upper class-man typically plan to move in every year. The 7 Tenant leases to be honored through mid-May 2026. House has fenced in backyard. There is a concrete parking pad for 2 cars on the property - you can charge extra for parking. House location is convenient walk to GA TECH campus, Atlantic Station, and much more. Showings by Appointment ONLY, no lockbox. Listing agent must be present at all showings. Prefer weekdays with 72 hours notice.

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Listing Snapshot
Price 
$875,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1056 Acres
Year Built 
1950
MLS® Number 
7712222
Status 
Active
Property Tax 
$12,067
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
18 hours agoListing first seen on site
18 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.1056
Levels 
Two
Number Of Stories 
2
Parking 
Parking Lot
Parking Spaces 
2
Sewer 
Public Sewer
Utilities 
Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
CarpetCeramic TileHardwood
Heating 
CentralZoned
Window Features 
Double Pane WindowsWindow Treatments
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Exterior Features
Construction Details 
BlockCement Siding
Fencing 
Back YardFencedWood
Lot Features 
PrivateRectangular Lot
Roof 
Shingle
View 
City
Waterfront Features 
None
Waterview 
City
Windows/Doors 
Double Pane WindowsWindow Treatments
Community Features
Community Features 
Curbs
Financing Terms Available 
1031 ExchangeCashConventional
Schools
School District
Unknown
Elementary School
Centennial Place
Middle School
Centennial Place
High School
Midtown
Listing Provided Courtesy Of: KIM WACHTEL of RE/MAX Around Atlanta Realty Broker: 404-226-0505 Prefer Ph#:kim@kimwachtel.com

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