N/A, Atlanta, GA

$900,000

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0.27

Acres

About N/A

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.

Features of N/A

MLS® # 7821186
Price $900,000
Acres 0.27
Year Built 1962
Type Residential Income
Sub-Type Other
Status Active

Community Information

Address N/A
Subdivision English Ave
City Atlanta
Building SoHo Lofts
County Fulton - GA
State GA
Zip Code 30318

Amenities

Utilities Electricity Available, Natural Gas Available, Sewer Available, Water Available
Parking Spaces 8
Parking Parking Lot
View City
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central
Cooling Window Unit(s)
Fireplace No
Stories Two

Exterior

Lot Description Corner Lot
Windows None
Roof Shingle
Construction Brick 4 Sides

School Information

Elementary M.R. Hollis Innovation Academy
Middle M.R. Hollis Innovation Academy
High Booker T. Washington

Additional Information

Days on Market 56
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBull Realty, Inc.

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