Viewing Listing MLS# 7214902
Atlanta, GA 30306
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- N/A SqFt
- 1960Year Built
- 0.21Acres
- MLS# 7214902
- Multifamily
- Other
- Pending
- Approx Time on Market11 months, 15 days
- AreaN/A
- CountyFulton - GA
- SubdivisionVirginia Highland
Overview
This Irreplaceable 10 Unit Multi-Family Apartment Building in the Heart of VA Highland is a Must See. This Fully Leased Apartment Complex situated on a Corner Lot features 8 1/1's, 1-2/1 and 1-2/2. The 8 1/1/s feature Reclaimed/Refinished Real Hardwood Floors, Washer/Dryers, Renovated Bathrooms and Kitchens w/ SS Appliances & Granite Countertops. The 2 Bedrooms have Luxury Vinyl Tile Flooring, Renovated Baths and Kitchens w/ Custom Cabinets, SS Appliances & SS Appliances. Properties Electrical has been updated, 9 New Water Heaters , New HVAC's. 10 yr Old Roof (30 yr Roof) Off Street Parking. Full Basement w/ Storage Units. Off Street Parking w/ possible value added by paving. Separate Gas and Electrical Meters. Astro Turf Grass for Easy Maintenance. Minutes to Ponce City Market, Atlanta Beltline, Piedmont Park, Inman Park, Downtown Atlanta.
Association Fees / Info
Hoa: No
Community Features: Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Public Transportation, Sidewalks, Street Lights, Other
Bathroom Info
Building Info
Habitable Residence: Yes
Number of Units Total: 10
Exterior Features
Fence: None
Pool Private: No
County: Fulton - GA
Acres: 0.21
Financial
Original Price: $3,000,000
Operating Expense: 32180
Net Operating Income: 177,147
Owner Financing: Yes
Cap Rate: 6
Gross Income: 20,932
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: Corner Lot, Level, Private
Lot Size: x
Misc
Property Attached: No
Home Warranty: Yes
Open House
Other
Property Info
Construction Materials: Brick 4 Sides
Year Built: 1,960
Property Condition: Resale
Roof: Composition
Property Type: Residential Income
Rental Info
Land Lease: Yes
Special Features
Green Features: Appliances, Thermostat
Special Listing Conditions: None
Special Circumstances: Investor Owned
Tax Info
Tax Amount Annual: 11533
Tax Year: 2,022
Tax Parcel Letter: 14-0016-0004-075-1
Unit Info
Utilities / Hvac
Cool System: Central Air
Heating: Central, Heat Pump
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Sewer: Public Sewer
Waterfront / Water
Water Body Name: None
Water Source: Public
Waterfront Features: None
Directions
Exit 249D on 75S to North Ave NE. Turn left onto Freedom Parkway. Right on Ponce de Leon Ave. Left onto Barnett St. Property is on the corner of Barnett and St. Charles.Listing Provided courtesy of Engel & Volkers Atlanta