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Key Details
Sold Price $490,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7546035
Year Built 1930
Annual Tax Amount $5,139
Tax Year 2024
Lot Size 3,998 Sqft
Property Sub-Type Triplex
Property Description
Don't miss this incredible investment opportunity! This newly renovated 3-unit multi-family building is ideally located in the vibrant Atlanta University Center area. Building is fully occupied.
Property Highlights:
Unit Breakdown:
(2) Two-bedroom, one-bathroom units with central air and heat.
(1) Studio apartment on the terrace level with a modern mini-split system.
Recent Upgrades:
Renovated kitchens and bathrooms featuring contemporary finishes.
Newer systems for enhanced comfort and efficiency.
Additional Features:
Basement with abundant storage space, offering potential for conversion into a fourth unit.
A two-car paved driveway and a spacious, fully fenced backyard—perfect for outdoor enjoyment or future enhancements.
Financial Details:
Gross Annual Rents: $52,800
Annual Expenses: Approximately 11% of gross rents.
Whether you're an investor looking to add a high-performing, cash-flowing asset to your portfolio or a future owner-occupant seeking to live in one unit while earning rental income, this property delivers on all fronts. This property will be sold as-is.
Schedule your showing today and secure this exceptional property in one of Atlanta's most sought-after areas!
Location
State GA
County Fulton
Area None
Interior
Heating Central, Electric, Other
Cooling Ceiling Fan(s), Central Air
Flooring Ceramic Tile, Laminate
Exterior
Parking Features Driveway, Paved
Fence Back Yard, Fenced, Privacy, Wood
Community Features Near Public Transport, Near Schools, Near Shopping
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Shingle
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Structure Type HardiPlank Type
Schools
Elementary Schools M. A. Jones
Middle Schools Herman J. Russell West End Academy
High Schools Booker T. Washington
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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