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