Active

856 Monroe Drive NE

Atlanta GA, 30308

$945,000


Active

Multi-family

Built in 1920

This property is sold together with 852 Monroe Dr. fmls# 7469143.

Introducing 856 Monroe Dr., a prime investment opportunity in the heart of Atlanta! This fully-leased triplex offers 100% occupancy, providing stable, immediate cash flow. The property includes two spacious 2-bedroom, 1-bath including 1 spacious 2 story unit, and one charming 1-bedroom, 1-bath unit, each featuring stunning period details that attract tenants looking for both style and space.
With a parking lot for 6 cars, this property provides a rare convenience in such a desirable location. While the units are in great condition, there's significant upside potential for luxury rentals with cosmetic upgrades. Located just steps from Piedmont Park, the Beltline, and Atlanta's top shopping and dining options, 856 Monroe Dr. offers a fantastic opportunity for both current income and future growth!

7469200

MLS ID

October 2, 2024

Listed

October 14, 2024

Updated

Map

856 Monroe Drive NE
Atlanta GA, 30308

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

Level


Roof

Composition


Sewer

Public Sewer

School Information

High School

Midtown


Elementary School

Virginia-Highland

Other Property Details

Taxes

$12,539


Tax Frequency

Annually


Days on Market

9


Garage

No


Parking

Parking Lot


Parking Total

6


View

Yes


View Description

Trees/Woods


County

Fulton - GA


Water Source

Public


Pool

No

Green Building Features

Green Features

None

Listed by Elena Volkova with HomeSmart 404-876-4901

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Data last updated 7:55 PM UTC, 10/14/2024

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