529 Atwood ST SW Under Contract

Atlanta,GA 30310

$ 660000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 10383777

Year Built 1930

Annual Tax Amount $1,261

Tax Year 2022

Lot Size 7,492 Sqft

Property Description

6-unit multifamily apartment located in the West End, just steps from the Beltline. The property consists of 4 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 efficiency unit, generating $75,000 in annual gross rent. The landlord covers all utilities, including water, electric, and gas. With a nearby property recently selling for $200,000 per unit, this apartment offers strong rental income and significant upside potential in a rapidly appreciating neighborhood. Additionally, the land at the rear of the property provides an opportunity to build an additional building or accessory dwelling unit, offering further development potential for future value growth.

Location

State GA

County Fulton

Zoning R5

Interior

Heating Central

Cooling Electric

Exterior

Parking Features Other

Utilities Available Electricity Available,Water Available

Building

Sewer Public Sewer

Others

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

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