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Naveen Sharma

naveen@fourpointrealty.com +1(732) 429-0939

$375,000

Est. payment - /mo

8,189 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Multi Family,Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Atlanta University Center

MLS Listing ID 10825080

HOA Y/N No

Year Built 2007

Annual Tax Amount $5,236

Tax Year 2025

Lot Size 8,189 Sqft

Acres 0.188

Lot Dimensions 8189.28

Property Sub-Type Multi Family,Triplex

Source Georgia MLS 2

Property Description

Investor Opportunity in the Heart of Atlanta! Whether you're looking to expand your rental portfolio, explore redevelopment potential, or capitalize on the continued growth surrounding Downtown Atlanta and the BeltLine, this 3-Bedroom, 2.5-Bath Traditional offers an exciting opportunity in a rapidly evolving location. Currently Tenant-Occupied and generating $2,400 per month in rental income, with annual 3% rent increases, the property provides immediate income from day one. Investors can continue operating it as an existing rental while exploring future value-add opportunities, including potential redevelopment or a pad split. A Newer Water Heater adds to the property's appeal. The location is the real standout just minutes from Mercedes-Benz Stadium, State Farm Arena, Center Parc Stadium, Centennial Yards, Castleberry Hill, Pittsburgh Yards, Lee + White, the Southside BeltLine, Downtown Atlanta, and MARTA. With major investment and development continuing throughout the surrounding area, this is an opportunity to secure an income-producing property in the path of Atlanta's growth.

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement Crawl Space

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features Kitchen Level

Garage Spaces 1.0

Community Features Playground, Sidewalks, Near Public Transport, Walk To Schools, Near Shopping

Utilities Available Other

View Y/N No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Faces Please use GPS.

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

New Construction No

Schools

Elementary Schools Other

Middle Schools M R Hollis

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 008400050211

Special Listing Condition Resale

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

594 Parsons ST SW Atlanta, GA 30314

Naveen Sharma

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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594 Parsons ST SW