Viewing Listing MLS# 397748083

$3,000,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$3,000,000 No Recent Price Change
167/71 Anderson Avenue
Atlanta, GA 30314
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • N/A SqFt
  • 1933Year Built
  • 0.23Acres
  • MLS# 397748083
  • Multifamily
  • Duplex
  • Active

  • Approx Time on Market1 month, 23 days
  • AreaN/A
  • CountyFulton - GA
  • Subdivision Dixie Hills

Overview

Attention investors! Presenting a rare opportunity to acquire a high-performing 7-property investment portfolio in Atlanta's most vibrant and rapidly appreciating neighborhoods. This bundle includes a mix of co-living and traditional rental properties, collectively generating an impressive gross income of $37,523 per month. Priced at $3,000,000, the portfolio encompasses a total of 51 units, making it a substantial addition to any investment strategy. The properties are strategically located in key areas such as Dixie Hills, Washington Park, Ashview Heights, and the Atlanta University Center Neighborhoods. Each property is positioned near major attractions like the Atlanta Beltline, Mercedes Benz Stadium, and multiple MARTA stations, ensuring high rental demand and significant appreciation potential. Tenants will benefit from convenient access to public transportation, shopping, dining, and cultural landmarks. Individual properties include: 167 & 171 Anderson Avenue NW with 17 units grossing $11,550/month in Dixie Hills; 89 Ollie Street NW with 10 bedrooms grossing $6,900/month in Washington Park; 922 Metropolitan Parkway SW with 10 units grossing $6,750/month in Pittsburg; 250 1st Street SW and 1007 Fair Street with 8 units grossing $8,823 in Ashview Heights; and 856 Beckwith Street SW with 6 bedrooms and $3,500/month in Atlanta University Center in prime locations near downtown attractions. This diverse portfolio caters to various tenant needs and promises robust cash flow and long-term growth potential. Secure these high-performing assets in some of Atlantas most promising neighborhoods. Contact us today to learn more!



Association Fees / Info

Hoa:  No

Community Features:  None

Bathroom Info

Building Info

Habitable Residence:  Yes

Number of Units Total:  51

Exterior Features

Fence:  None

Pool Private:  No

County:  Fulton - GA

Acres:  0.23

Financial

Original Price:  $3,000,000

Owner Financing:  Yes

Garage / Parking

Parking Features:  Driveway, Parking Lot

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  None

Interior Features

Security Ftr:  None

Levels:  Multi/Split

Lot Info

Lot Size Source:  Public Records

Lot Features:  Private

Lot Size:  x

Misc

Property Attached:  No

Home Warranty:  Yes

Open House

Other

Property Info

Construction Materials:  Brick, HardiPlank Type, Stone

Year Built:  1,933

Property Condition:  Resale

Roof:  Composition

Property Type:  Residential Income

Rental Info

Land Lease:  Yes

Special Features

Green Features:  None

Special Listing Conditions:  None

Special Circumstances:  Investor Owned

Tax Info

Tax Amount Annual:  107

Tax Year:  2,023

Tax Parcel Letter:  14-0174-0009-011-9

Unit Info

Utilities / Hvac

Cool System:  Ceiling Fan(s), Central Air

Heating:  Electric, Natural Gas

Utilities:  Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  None

Directions

Please use GPS for best directions.

Listing Provided courtesy of Keller Williams Realty Intown Atl 

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Information was last updated: 09-20-2024 1:12 PM EST est.

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On sharondoverrealestate.com since Sat, Jul 27th 2024
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