2045 Lois PL NW Atlanta, GA 30318
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Grove Park
MLS Listing ID 7684164
Construction Status Resale
HOA Y/N No
Year Built 2004
Annual Tax Amount $3,144
Tax Year 2024
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Duplex
Source First Multiple Listing Service
Property Description
Presenting a premier investment opportunity: a legal, cash-flowing duplex at 2045 Lois Pl NW, priced competitively at $499,900. This high-performing asset is fully occupied and delivers strong returns, giving investors immediate revenue and significantly reducing vacancy risk upon acquisition.
Located in Atlanta's rapidly improving West Side, the property stands to benefit from ongoing neighborhood revitalization and long-term appreciation potential. Both units offer an exceptionally desirable layout—5 bedrooms and 3 full bathrooms per unit—ideal for maximizing rental income. Renovated kitchens, hardwood flooring, and solid brick-and-frame construction (built in 2004) further enhance durability and tenant appeal.
The location offers excellent connectivity: just a 10-minute walk to the nearest MARTA bus stop and approximately a 16-minute walk to the nearest MARTA Rail Station, providing direct access to Downtown and Midtown Atlanta, shopping, restaurants, banking, and scenic Westside Park.
The property has operated as a successful PadSplit co-living rental since 2019 under a single lease. Investors can further boost returns by self-managing, adding approximately 10% additional income per month.
Location
State GA
County Fulton
Area Grove Park
Lake Name None
Interior
Heating Central, Electric, Forced Air
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Hardwood, Laminate, Tile
Window Features Double Pane Windows
Exterior
Parking Features Parking Lot
Fence None
Community Features Near Schools, Near Shopping, Park, Sidewalks, Street Lights
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Accessibility None
Handicap Access None
Total Parking Spaces 5
Private Pool false
Building
Lot Description Rectangular Lot, Sloped, Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides,Vinyl Siding
Construction Status Resale
Schools
Elementary Schools William M.Boyd
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 17 022600030272
Acceptable Financing 1031 Exchange, Cash, Other
Listing Terms 1031 Exchange, Cash, Other
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