22 S Eugenia Pl NW
Atlanta, GA, 30318
$455,000
Status: For Sale
- Gross Income
- $52,800
- Cap rate
- 7.00%
- NOI
- —
- GRM
- —
- Price / unit
- $227,500
- Price / sq ft
- $161
About 22 S Eugenia Pl NW
Turn-Key Duplex | Projected 7%+ Cap Rate | Cash Flow Investment | House Hack Opportunity | Perfect for DSCR. Fully renovated side-by-side duplex featuring 4 bedrooms and 3 full bathrooms per unit (8BR/6BA total). Whether you're expanding your portfolio, completing a 1031 exchange, or looking to house hack, this property offers exceptional income potential. Both units are currently vacant, allowing the new owner to lease at market rates, accept Section 8 vouchers or occupy one side while generating income from the other. Previously leased through the Section 8 Program with AHA at $2,200 per month per unit for a total gross rental income of $4,400 per month ($52,800 annually). Renovated with ample parking, this is a low-maintenance investment with broad tenant appeal. Ideal for buy-and-hold investors, house hackers, and those seeking strong ROI and long-term appreciation. Proven rental history, turn-key condition, and immediate leasing opportunity.
Unit details
| Unit | Beds / Baths | Sq Ft | Current Rent | Market Rent | Lease Expiration | Notes |
|---|---|---|---|---|---|---|
| Unit 1 | 4 / 3 | — | — | $2,200 | — | Vacant; previously leased via Section 8 (AHA) at $2,200/mo. Deck, walk-in closets, central A/C, LVP flooring |
| Unit 2 | 4 / 3 | — | — | $2,200 | — | Vacant; previously leased via Section 8 (AHA) at $2,200/mo. Deck, walk-in closets, central A/C, LVP flooring |
Operating expenses
| Expense Category | Monthly | Annual | Paid By |
|---|---|---|---|
| — | — | — | Owner |
Financial summary
- Gross monthly income
- $4,400
- Gross annual income
- $52,800
- Total annual expenses
- —
- Net operating income (NOI)
- —
- Cap rate
- 7.00%
- Gross rent multiplier (GRM)
- —
Figures are supplied by the listing broker and are not verified by Duplexes.com. Verify all income and expense data independently.
Property details
- Year built
- 2004
- Building size
- 2,820 sq ft
- Lot size
- 12,632 sq ft
- Units
- 2
- MLS #
- 7804916
- Days on market
- 0
