969 Piedmont Avenue NE

Atlanta, GA, 30309

$2,700,000

$2,700,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1920
Location, Location, Location. These TWO properties present an investor the opportunity to purchase 2 stabilized properties in an unmatched location in the heart of Midtown. 969 & 971 Piedmont Ave NE consist of one quadraplex and one triplex (2 parcels), located just a few steps from Piedmont Park near the corner of 10th & Piedmont. Within walking distance are several restaurants and shops, the Fox Theatre, the Midtown MARTA transit station, and the Midtown Financial District. The area draws tenants from its proximity to Georgia Tech, Georgia State University, The High Museum, SCAD and other numerous cultural activities. Midtown has steadily remained one of the strongest rental markets in Metro Atlanta. Both properties were recently renovated. All units have central HVAC, dedicated laundry and dedicated/private surface parking in the rear. All units are currently 100% occupied with long term (~1 year) leases generating strong income. Huge upside potential as an Airbnb property with the right licenses and approvals. Future redevelopment potential with surrounding properties given the current underutilization of this A+ location.
MLS® ID:
7100016
Listed:
8/14/22
Updated:
10/5/22
Atlanta Fine Homes Sotheby's International Realty
Schiff Real Estate Team

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
10,476 ft² lot
Lot Details
Other
Roof
Other
Sewer
Public Sewer

School Information

High School
Midtown
Middle/Jr High
David T Howard
Elementary School
Springdale Park

Other Property Details

Taxes
$20412
Tax Frequency
per YEAR
HOA Amenities
Near Beltline, Near Marta, Park
Garage
No
Parking
Parking Lot, Paved
View
Y
County
Fulton
Utilities
Electricity Available, Natural Gas Available, Water Available
Water Source
Public
Pool
No
 

Courtesy of Bull Realty, Inc., Andy Lundsberg

Based on information from FMLS as of 10/5/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 7:01 PM UTC, 10/5/22

Atlanta Fine Homes Sotheby's International Realty
Schiff Real Estate Team
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