$841,000
$875,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
8,712 Sqft Lot
SOLD DATE : 02/09/2024
Key Details
Sold Price $841,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mrs Ida T Honour
MLS Listing ID 7318193
Sold Date 02/09/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1940
Annual Tax Amount $11,663
Tax Year 2022
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Nestled within the highly sought-after Buckhead district, this multifaceted property embodies an unparalleled investment prospect in the heart of a thriving rental market. Comprising four distinct units.
Unit A, currently occupied, boasts a thoughtfully designed 2-bedroom, 1-bath layout. Illuminated by natural light, it features a charming sunroom, a generously sized living area, and an integrated kitchen and dining space.
Unit B, unoccupied and ready for immediate occupancy, offers a 1-bedroom, 1-bath layout, and eat-in kitchen, accentuated by a spacious 10x14 ft balcony—an ideal retreat for tenants seeking outdoor tranquility.
Unit C, also currently vacant, provides a cozy yet inviting 1-bedroom, 1-bath apartment, perfect for those seeking comfort and convenience.
Completing the ensemble is Unit D, a compact yet leased studio, catering perfectly to individuals seeking a cozy living arrangement.
Strategically positioned mere moments from the city's vibrant hubs, tenants will relish the convenience of nearby restaurants, grocery options, entertainment venues, and major thoroughfares. Nestled in a serene, well-established neighborhood, this property offers abundant driveway parking—a sought-after amenity.
While Units A and D generate steady income, Units B and C offer immediate revenue potential, either as-is or with judicious updates. In summary, this property stands as an enticing investment proposition, promising both immediate rental returns and the assurance of long-term capital appreciation within an esteemed locale.
Only units B and C are available to view. DO NOT DISTRUBE TENANTS IN UNITS A AND D!!!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Forced Air
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Hardwood, Laminate
Window Features Double Pane Windows
Exterior
Garage Driveway, Level Driveway
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 8
Private Pool false
Building
Lot Description Level, Wooded
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Jackson - Atlanta
Middle Schools Willis A. Sutton
High Schools North Atlanta
Others
Senior Community no
Tax ID 17 009800010840
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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