$500,000
$660,000
24.2%For more information regarding the value of a property, please contact us for a free consultation.
4,602 SqFt
SOLD DATE : 03/26/2025
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 4,602 sqft
Price per Sqft $108
MLS Listing ID 7508306
Sold Date 03/26/25
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1930
Annual Tax Amount $3,762
Tax Year 2024
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Condominium
Property Description
5-unit multifamily apartment located in the West End, just steps from the Beltline. The property consists of 4 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 efficiency unit, generating $75,000 in annual gross rent. The landlord covers all utilities, including water, electric, and gas. With a nearby property recently selling for $200,000 per unit, this apartment offers strong rental income and significant upside potential in a rapidly appreciating neighborhood. Additionally, the land at the rear of the property provides an opportunity to build an additional building or accessory dwelling unit, offering further development potential for future value growth.
Location
State GA
County Fulton
Zoning R5
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Other
Heating Central
Cooling Central Air
Flooring Other
Window Features None
Exterior
Parking Features On Street
Fence None
Utilities Available Electricity Available, Water Available
Waterfront Description None
View Other
Roof Type Other
Street Surface Paved
Accessibility None
Handicap Access None
Total Parking Spaces 6
Private Pool false
Building
Lot Description Level
Story Three Or More
Foundation See Remarks
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Frame
New Construction No
Construction Status Resale
Others
Senior Community no
Tax ID 14 014000090185
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Berkshire Hathaway HomeServices Georgia Properties
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