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Rare opportunity and pride of ownership in this vintage 1930' s era 7 unit boutique apartment building. Excellent location in the popular Virginia Highland neighborhood of Atlanta, just a few blocks from Ponce City Market and the Atlanta Beltline Path. The property was recently renovated with all units in excellent condition. All units have central HVAC and laundry with off street parking in the rear. A new polystyrene roof was installed in 2015. Attractive assumable financing available. Property has an assumable loan that must be assumed at closing. (Please see Andy Lundsberg for details). Unit Mix: Four- 2 bed/1 bath units with balconies Two- large 1 bed/ 1 bath units with balconies One- 1 bed/1 bath garden unit with small patio
Great value and location for this 9 unit multi family opportunity. The property consists of 6 studio units and 3 one bedroom units on a .08 acre site. Built in the 1920' s (and substantially updated/renovated), This is a turn key property ideal for first time investor or one that is adding to their portfolio in the area. The property has an onsite laundry room and is individually metered for gas and electricity (landlord pays for water but tenants reimburse).
Reduced. Charming Midtown Quadraplex (4-units), Fully Leased. Originally constructed in 1935, this 3,300 SF building contains 2 1-bedroom/1-bath units and 2 2-bedroom/1 bath units. All units have been updated but retain the original character and charm (hardwood floors, high ceilings, etc.). Features include Central Heat and Air, W/D Connections, Dishwashers, and a porch/deck. Utilities, except water, are separately metered. Ideal as an income investment with long term appreciation. Also suitable for conversion to less units for a possible owner/occupant. The building needs paint/siding work but the Sellers would rather credit a buyer for this at closing to their own specifications. The interiors look great.
Incredible opportunity right behind the upcoming 676 N Highland Ave mixed use project! The 3,994sf 2 floor building is down to the studs inside and may be renovated to multifamily/commercial use. Zoned C-1. There is tremendous potential with this 12,602sf lot.
Excellent in town location less than 1 block from Candler Park and the Candler Park Golf Course. Surrounded by other popular neighborhoods including Virginia Highlands, Little Five Points, Druid Hills and Decatur. All 3 units are separately metered for electric & gas and have central HVAC units. The property has a shared driveway with the property next door and a nice private backyard. All 3 units are 1 bed/1 bath units with ample space. Purchase as an investment rental property or convert to a single family home.
All (5) homes have been completely remodeled and all 5 are currently leased for one year with a 10% increase of rent at renewal. (3) of the properties have long term tenants of 2-7 years. Attached is an itemized list of repairs performed on each property. all the properties have had tens of thousands of dollars in renovation to them and a couple over $40,000.00 in renovations. Leathers sold for almost 195k in 2006 prior to the renovations. all properties have appreciated 8%-10% each year over the past 3 years in addition to a approximate 11.78% month to month rental return. The properties all have good tenants. The owner manages them from out of State and wishes to do a 1031 exchange and invest more local.
SUPER NICE ALL BRICK RANCH PROPERTY! APPROXIMATELY 2,200 SF PER THE LATEST APPRAISAL THAT HAS BEEN PERFORMED ON THIS PROPERTY. LOTS OF SPACE THROUGHOUT WITH 4 ROOMS, GREAT ROOM,ENTRY SECTION. FULL KITCHEN, 2 FULL BATHS. STORAGE & CLOSETS GALORE. PLENTY OF PARKING SPACE, DETACHED 2 CAR CARPORT/GARAGE. FENCED IN BACKYARD. (CURRENTLY HAS 2 LARGE AREAS THAT IS SET UP AS A STUDIO RECORDING AREAS) POTENTIAL COMMERCIAL. A MUST SEE!
1920s renovated and spectacular home , main home can be converted back to a duplex with little effort and studio apartment over the garage is already rented. Two kitchens in main house and 2laundry locations. Great rental investment in heart of Atlanta.
Leased, well-maintained duplex in the heart of Hapeville. Walk to down town Hapeville for dinner and shopping. This duplex enjoys consistent rental inquiries & draws from a large pool of potential tenants. Gas and electric are separately metered. Well over 10% cap rate on this nicely-performing duplex. Call today for an easy appointment. Do not disturb tenants.
Fully renovated & well-maintained duplex with extremely low vacancy rate and approximately 10% CAP rate. Private interior entrance to each unit. Private rear decks, separately metered(water, gas, electric), ample parking. The nicest rental unit on the street which translates into higher rents and more long term tenants. Brings over $13k annually. Receipt appraisals support value. Rent amount and history and vacancy rates speak for themselves. Solid investment for first-timer or seasoned investor.