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778 NE Argonne Ave
Atlanta, GA 30308 Midtown Garden District

$1,285,000 USD

Apartments For Sale • 3,590 SF

Property Details

Property Type Apartments
Total Building Size 3,590 SF
Lot Size 0.11 AC
Building Class C
Year Built 1958
Cap Rate 5.84 %
Zoning R5

61 Transit Score

90 Walk Score

                
                    Highlights
                
                                Boutique fully renovated apartment building located corner of Argonne Ave & 5th Street in walkable Midtown Atlanta. 
                            
                                This building is walking distance to Midtown shops and restaurants and Piedmont Park. 
                            
                                Turn key + 100% occupancy
                            
                                Three 1BR + one 2BR

Property Flyers

778 Argonne Avenue Survey

Two Bedroom Floor plan

One Bedroom Floor plan

Memorandum Flyer_102925

Financial Summary (Proforma)

Net Operating Income: $72,000 USD (2024)

Cap Rate:	5.84 %
Total Expenses:	$38,000 USD

Amenities

Air Conditioning
Cable Ready
Controlled Access
Dishwasher
Disposal
Microwave
Washer/Dryer
Ceiling Fans
Granite Countertops
Hardwood Floors
High Speed Internet Access
Ice Maker
Stainless Steel Appliances
Walk-In Closets
Double Pane Windows
Island Kitchen
Office
Window Coverings

Public Transportation

Commuter Rail	Drive	Walk	Distance
Atlanta (Crescent - Amtrak)	6 min	-	2.6 mi
Transit/Subway	Drive	Walk	Distance
Midtown (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA))	2 min	16 min	0.8 mi
North Avenue (Gold Line - Metropolitan Atlanta Rapid Transit Authority (MARTA), Red Line - Metropolitan Atlanta Rapid Transit Authority (MARTA))	2 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	20 min	-	11.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Edward Martin 404-815-1997 MLC Properties / Martin Land Company

778 NE Argonne Ave Atlanta, GA 30308 Midtown Garden District