Active

1436 Piedmont Avenue NE

Atlanta GA, 30309

$1,120,000


Active

Multi-family

Built in 1920

Location, Location, Location! Situated few blocks away from Botanical Garden. This property is within walking distance to Piedmont Park, Atlanta Botanical Gardens, Ansley Mall and Atlanta Eastside Beltline Trail and everything Midtown has to offer!

Currently configured as at three unit rental ,long term rental history, 100% occupancy rate.

Unit 1 - 2 bedroom, 1.5 bath, living room, dining room and enclosed sunroom.
Approx. 1200 sq ft with central A/C and heating, beautiful hardwoods throughout,
plantation shutters in living room, kitchen with oven, refrigerator, microwave and
dishwasher. Separate washer/dryer in unit.

Unit 2 - 2 bedroom, 1.0 bath, living room, dining room and enclosed sunroom.
Approx. 1200 sq ft with central A/C and heating, hardwood floors, attached deck,
kitchen with oven, refrigerator, microwave and dishwasher. Separate washer/dryer in
unit.

Unit 3 - 2 bedroom, 2 bath, living room and enclosed sunroom. Approx. 800 sq ft
with central A/C and heating, hardwood floors, kitchen with oven, refrigerator,
microwave and dishwasher. Separate washer/dryer in unit.

7 off street parking spots for tenants as well as visitors

High growth area in Ansley Park with several new developments around it.
Great investment opportunity with the potential to convert into a single family home or
renovate and raise rents.
* Annual revenue approx. $66000. Cap rate - need to calculate, based on asking price

7522835

MLS ID

February 12, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, ENERGY STAR Qualified Equipment


Heating

Yes


Heating Description

Central, ENERGY STAR Qualified Equipment, Natural Gas

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Level


Roof

Shingle


Sewer

Public Sewer


Security

Carbon Monoxide Detector(s)


Window

Plantation Shutters, Shutters

School Information

High School

Midtown


Elementary School

Morningside-

Other Property Details

Taxes

$13,599


Tax Frequency

Annually


Days on Market

8


Accessibility

Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Washer/Dryer


Garage

No


Parking

Carport, Parking Lot


Parking Total

6


View

Yes


View Description

Other


County

Fulton - GA


Water Source

Public


Pool

No


Waterfront Features

None


Utilities

Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Green Building Features

Green Features

None

Listed by Anjana Sharma with Virtual Properties Realty. Biz 770-495-5050

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