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Residential > Condo
Active
05/21/2025
List Price
$109,000

3178 Nectarine Cir
Decatur, GA 30034

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  • 3178 Nectarine Cir, Decatur, GA 30034 is a 2 bed, 2 bath, 994 ft² condo built in 1973 on a 0.020 acre lot with 9 construction permits. This condo is currently for sale for $109,000, and it was last sold in 2021 for $39,000. The latest TopHap estimate of the condo's value is $127,334.

    Property Valuations

    Latest estimates for 3178 Nectarine Cir based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    Turnkey 1.100 square ft rental investment just outside the perimeter. This is an excellent opportunity to own a spacious one story rental in a professionally managed, non-rent-restricted community just minutes from Atlanta. Currently Rented to a Section 8 Tenant for $1360 per month. you will have instant income Section 8 GUARANTEED INCOME ... 9% CAP RATE...EXCELLENT CONDITION NEEDS NO WORK ..SECTION 8 INCOME .. This cash-flowing rental exceeds the 1% rule in an up-and-coming pocket within the city of Decatur, representing a strong value-add opportunity for savvy investors. The location offers exceptional tenant appeal close to Flat Shoals Crossing shopping center for groceries and dining, and surrounded by outdoor amenities like Flat Shoals Creek, the Michelle Obama Trail, and Rainbow Park. Even more exciting, the rental is steps from The Gallery at South DeKalb, which is set to undergo a multi-million dollar redevelopment into a major MARTA bus transit hub by 2026. This future connectivity will make commuting to and from Atlanta even easier, enhancing the area's long-term rental demand. Owner is selling as part of a broader portfolio shift. A rare chance to invest in a high-demand, rapidly growing area!

    Listing Agents

    The listing agent for 3178 Nectarine Cir is James McGeehan.

    Permits

    3178 Nectarine Cir has 9 permit records.

    Permit History
    9
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    3178 Nectarine Cir has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 3178 Nectarine Cir

    School Information

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    Neighborhood

    This property is located in Orchard Lane Condominiums, Decatur, GA 30034.

    Market Trends

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    Copyright © 2025 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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