Viewing Listing MLS# 353225251
Atlanta, GA 30324
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1965Year Built
- 0.61Acres
- MLS# 353225251
- Multifamily
- Other
- Active
- Approx Time on Market9 months, 13 days
- AreaN/A
- CountyFulton - GA
- Subdivision Woodland Hils
Overview
Indulge in the epitome of mid-century modern living with this distinctive 14-unit apartment building now available for sale in the Morningside Lenox Park neighborhood. Each of the spacious two-bedroom, one-bathroom units boasts over 1100 sq. ft. of living space, featuring fully equipped kitchens, large family rooms, breakfast areas, and in-unit washer and dryers.Six units have been meticulously renovated, while the remaining eight offer an opportunity for upgrades to maximize rental potential and increase returns. The exterior has undergone extensive renovations, introducing new amenities such as a central courtyard, fenced dog park, and a freshly paved parking lot with 18 spaces, all enclosed by a new privacy fence with security lighting.The savvy investor can explore the potential for additional income by adding three more units on the lower level. This property combines mid-century charm with modern amenities, promising immediate returns and the prospect of increased revenue. Secure your stake in Morningside's iconic architectural landscape and thriving real estate market.Do not disturb tenants. Appointment only.
Association Fees / Info
Hoa: No
Community Features: Near Public Transport, Sidewalks
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 14
Exterior Features
Fence: Back Yard, Privacy, Wood
Pool Private: No
County: Fulton - GA
Acres: 0.61
Financial
Original Price: $3,750,000
Owner Financing: Yes
Gross Income: 23,420
Garage / Parking
Parking Features: Parking Lot
Green / Env Info
Green Energy Generation: None
Handicap
Accessibility Features: None
Interior Features
Security Ftr: Carbon Monoxide Detector(s)
Levels: Three Or More
Lot Info
Lot Size Source: Public Records
Lot Features: Sloped
Lot Size: x
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,965
Property Condition: Updated/Remodeled
Roof: Other
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: None
Special Listing Conditions: None
Special Circumstances: Owner/Agent
Tax Info
Tax Amount Annual: 37456
Tax Year: 2,023
Tax Parcel Letter: 17-0005-0001-080-0
Unit Info
Utilities / Hvac
Cool System: Ceiling Fan(s), Central Air
Heating: Central, Natural Gas
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
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