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Listed by Jelani Linder • Coldwell Bnkr Comm. Metro Brks
$660,000
Est. payment /mo
7,492 Sqft Lot
Under Contract
529 Atwood ST SW Atlanta, GA 30310
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Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 10383777
Construction Status Resale
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
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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