Sold
$55,000
4,000 sqft
588 Paines Avenue, Atlanta, GA 30318
Great deal
Priced about $709,059 (93%) below comparable homes. Estimated market value $764,059, based on 305 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
INVESTOR DEAL NEAR GEORGIA DOME! VACANT ALL BRICK 8 UNIT COMPLEX NEEDS COMPLETE REHAB, SOLD IN "AS IS" CONDITION WITH NO DISCLOSURE. ALL UNITS 2 BR/1 BA; POTENTIAL RENT IS ABOUT $500 EACH & THAT'S $4000/MONTH! CLOSE TO PUBLIC TRANSPORTATION AND DOWNTOWN ATLANTA. SHOWN BY APPOINTMENT ONLY TO SERIOUS CASH INVESTORS! MAKE MONEY ON AFFORDABLE HOUSING IN ATLANTA! BUY 592 PAINES AVE ALSO RIGHT NEXT DOOR!
No HOA
Listing remarks courtesy of SOLID SOURCE REALTY INC. · Sold by KELLER WILLIAMS REALTY ATLANTA PARTNERS.
· FMLS #5267692$376/mo est.
with $5,500 down · $55,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
Make an offer
Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
4,000
Sqft
1963
Built
0.33 ac
Lot
None
HOA
$399/yr
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,625/morange $4,300 – $4,950100.9% gross yield
Based on 8 similar rentals within a mile (3 recently leased).
1 bd · 1 ba · 4,080 sqft · 0.6 mi away$790/mo4 bd · 3 ba · 0.2 mi away$4,500/mo3 bd · 4 ba · 0.4 mi away · leased$4,395/mo1 bd · 1 ba · 0.6 mi away$1,800/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$392/mo
Principal & interest$321
Property taxes$55
Home insurance$16
Down payment$5,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
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Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
M.R. Hollis Innovation AcademyElementary
Booker T. WashingtonHigh
Location
64 for sale 16 pending 12 sold
Listed by
SOLID SOURCE REALTY INC. · Sold by KELLER WILLIAMS REALTY ATLANTA PARTNERS
Source: FMLS · #5267692
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
