Description
10 unit value-add apartment building just minutes from downtown Atlanta and GA Tech University and just one block away from the new Westside Beltline. The property consists of (8) two bed/one bath units and (2) one bed/one bath units. 6 of the 10 units are currently occupied. Current gross income around $6,000 per month with below market rents. All tenants are MTM. Great opportunity to renovate and increase rents in a rapidly growing area of Atlanta (intown). Sold as is. Please drive the property before requesting a tour. All 2 bed units have central heat and window ac. The 1 bed units have PTAC units for heat and air. All units are separately metered for gas and electric. Water is common. Plumbing is copper supply lines. Electric is original with several interior breaker panels replaced (updated). All units have separate water heaters. Gas services the water heaters, furnaces and stoves. No laundry on site. Roof/gutters are approx. 5-7 yrs old. Windows are vinyl. Owner financing available for qualified buyers with no less than 30% down payment, first lien position only. 6% interest only. 3 yr balloon. Inquire to agent for more details.
Details
| MLS # | 7821186 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 50 |
| Listing Provided By | Bull Realty, Inc. | ANDY LUNDSBERG |
Features
| Story(s) | 2 |
|---|---|
| Units | 10 |
| Acreage | 0.27 |
| Water Front | Yes |
| Property View | City |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Central |
| Window Features | None |
Exterior
| Accessibility Features | None |
|---|---|
| Lot Features | Corner Lot |
| Construction Materials | Brick 4 Sides |
| Roof | Shingle |
| Fencing | Chain Link, Wrought Iron |
| Waterfront Features | None |
| Security Features | None |
Parking
| Parking Features | Parking Lot |
|---|
Utilities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 15375 |
|---|---|
| Tax Legal Description | . |
| Tax Parcel Letter | 14-0111-0002-155-7 |
| Tax Year | 2026 |
Location
| Community Features | None |
|---|
Area Information
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30318 |
| Area | Fulton GA |
| Community Name | English Ave |
| School District | Booker T. Washington |
| Elementary School | M.R. Hollis Innovation Academy |
| High School | Booker T. Washington |
| Listing VS Median (in English Ave) | |
Price: $900,000 low | high Med: $335,000 On site: 50 low | high Med: 85 | |
Market Activity 30318
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Learn More About This Property
| State | GA |
|---|---|
| County | Fulton GA |
| City | Atlanta |
| Zip Code | 30318 |
| Area | Fulton GA |
| Community Name | English Ave |
| School District | Booker T. Washington |
| Elementary School | M.R. Hollis Innovation Academy |
| High School | Booker T. Washington |
| Listing VS Median (in English Ave) | |
Price: $900,000 low | high Med: $335,000 On site: 50 low | high Med: 85 | |