$324,900
Pending

4422 Wellington Terrace

Decatur, GA 30035
1856 sqft | 8 beds | 3 baths | 0.28 acres | #10463991
Browse 29 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Calling all real estate investors looking for a strong return on investment! 4422 Wellington Terrace in Decatur, presents a great opportunity to acquire a property with a 10.15% cap rate. This 8-bedroom, 3-bathroom property is a turnkey, operating PadSplit with a strong track record of high occupancy. PadSplit is a housing solution platform that helps members find accessible housing throughout the nation. The property is leased directly to PadSplit PadSplit sources and screens members for property owners making this an easy lift for both first-time and seasoned investors alike. Google PadSplit to learn more about the platform and becoming a PadSplit host. 4422 Wellington Terrace is an excellent location for occupants who desire retail, shops and restaurants in close proximity. Kroger, McDonald's, Home Depot, Planet Fitness are all just a stone's throw away! Easy access to I-20 means you can zip into Downtown Atlanta in 25 minutes or less. Make this cash-flowing winner a part of your real estate portfolio today!

  • Property Details
      • InteriorBookcases, Double Vanity, Pulldown Attic Stairs, Separate Shower, Soaking Tub, Tile Bath, Tray Ceiling(s), Walk-In Closet(s)
      • Utility FeaturesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
      • StyleBrick Front, Traditional
      • SubdivisionStratton at Snapfinger
      • Middle SchoolMary Mcleod Bethune
      • Short SaleInvestor Owned
      • Date ClosedJuly 11, 2025
      • Sewer InformationPublic Sewer
      • Elementary SchoolCanby Lane
      • Property TypePurchase
      • MLS #10463991
      • MLS #10463991
      • Lot DescriptionPrivate
      • Utility SourcePublic
      • High SchoolTowers
      • CountyDeKalb
      • Taxes Annual$5,006
      • Cost324900
      • Property SubtypeHouse
      • Structure TypeHouse
      • Acres0.28
      • Square Feet1856
      • Year Built1987
      • FoundationSlab
      • Fireplaces1
      • Bedrooms8
      • Bathrooms3
      • Full Baths3
      • Bedrooms on Main Level4
      • Master on Main1
      • Fence1

Location

Josh BowserReal Estate Group
OR

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10.0%

Interest Rate

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6.0%

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2.6%
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