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Updated Residential Income Property
For Sale
$520,000

7155 Roswell Road Unit 3, Sandy Springs, GA 30328

Brick end-unit townhome with renovated baths, flexible lower-level space, private wooded deck, and two-car garage.

Property Size2,152 SF
Price / SF$241.64
Days on Market53

Property Features for 7155 Roswell Road Unit 3

General Information

Standard status Active
Size 2,152 SF
Total Parking Spaces 2
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 1

Amenities

pool
tennis
pickleball
gated community

Building Details

Year Built 1980
Buildings 1
Construction brick
Listing Agency: Hirsh Real Estate- SandySprings.com
Listed By: Marci Robinson
Source: Sandysprings
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 30 at 12:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hirsh Real Estate- SandySprings.com

Investment Insights

Based on property information with market context.

This 2,152-square-foot brick end-unit townhome, built in 1980, offers a two-bedroom layout with a terrace-level bonus room and second fireplace. The home has updated interiors, including new hardwood flooring in the main living areas, new bedroom carpeting, fresh paint, and renovated bathrooms. The eat-in kitchen includes granite countertops, a center island, wine storage, and extensive cabinetry, while the living room features a gas fireplace and wet bar. A private deck overlooks wooded surroundings, and the lower level adds flexible space for a media room, office, fitness area, studio, or guest retreat. The property also includes a two-car garage with storage, refrigerator, washer, and dryer.

Located at 7155 Roswell Road Unit 3 in Sandy Springs, the home is within a gated community offering swim, tennis, and pickleball amenities. The property is near shopping, restaurants, MARTA, Perimeter Mall, GA-400, and the Sandy Springs Performing Arts Center.

Key Highlights

  • 2,152‑square‑foot two‑bedroom end‑unit townhome
  • Terrace‑level bonus room with a second fireplace
  • Renovated bathrooms, new hardwood flooring, carpet, and interior paint

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,910
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.56%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,200 $578.2K
Cap Rate 7%
$413,000 $413.0K
Cap Rate 9%
$321,222 $321.2K
Market Conditions
NOI Build-Up for 2,152 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$56.0K $26.04/SF
− Vacancy
−$3.5K −$1.61/SF
EGI
$52.6K $24.43/SF
− OpEx
−$23.7K −$10.99/SF
NOI
$28.9K $13.43/SF
Area
ZIP 30328
Vacancy
6.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$578,200
Cap Rate 7%
$413,000
Cap Rate 9%
$321,222

Alternative Uses

Best Use
Apartment 5plus
$413.0K
$361.4K – $481.8K (±1% cap)
NOI $28,910 @ 7.0% cap · market cap 5.56%
Second Best
no second resolved use
Theoretical Best
Office A
$601.6K
$526.4K – $701.8K (±1% cap)
NOI $42,110 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Grocery & Convenience Store Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 30328, GA

40,322
Population
19,878
Households
2
Avg Household Size
38
Median Age
72%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
3,175
Density / Sq Mi
$113,736
Median Household Income
$74,406
Median Earnings
$1,943
Median Rent
$551,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Brick end-unit townhome with renovated baths, flexible lower-level space, private wooded deck, and two-car garage.
Where is this residential income property located?
The property is located at 7155 Roswell Road Unit 3 Sandy Springs, GA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 2,152‑square‑foot two‑bedroom end‑unit townhome; Terrace‑level bonus room with a second fireplace; Renovated bathrooms, new hardwood flooring, carpet, and interior paint
More about this property
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