$1,125,000
$1,200,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
5,662 Sqft Lot
SOLD DATE : 03/14/2022
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Na
MLS Listing ID 6997394
Sold Date 03/14/22
Construction Status Fixer
HOA Y/N No
Year Built 1920
Annual Tax Amount $8,138
Tax Year 2021
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Opportunity to acquire a 4-unit multifamily complex located in a fantastic location in the heart of Midtown, Atlanta, adjacent to Piedmont Park. The offering includes (3) 1 bed/1 bath, and (1) 2 bed/1 bath units. This is a value-add opportunity, with upside potential for new owner to continue to push rents with cosmetic improvements in two of the units. With a strong 100% occupancy rate, the property offers a great opportunity for investors in one of the hottest markets of the city.
All units have in-unit washer/dryer, dishwashers, and individual central HVAC with exception of rear unit which has central heat and window AC. The property also features a private courtyard with firepit, and 2-3 gated, off-street parking spaces for tenants to utilize.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Hardwood
Window Features None
Exterior
Garage Parking Lot
Fence Back Yard
Community Features None
Utilities Available Other
Waterfront Description None
View City
Roof Type Other
Accessibility Accessible Washer/Dryer
Handicap Access Accessible Washer/Dryer
Parking Type Parking Lot
Total Parking Spaces 3
Building
Lot Description Other
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type HardiPlank Type
New Construction No
Construction Status Fixer
Schools
Elementary Schools Morningside-
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 17 010600120060
Acceptable Financing Other
Listing Terms Other
Special Listing Condition None
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Bought with Bull Realty, Inc.