Homes for sale - 550 Joseph E Lowery BLVD NW, Atlanta, GA 30314

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Oneida Holloman

info@homesbyholloman.com +1(404) 260-0970

$ 875,000

Est. payment | -/mo

0.4 Acres Lot

Save

$ 875,000

Est. payment | -/mo

Save

0.4 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Subdivision/Er Elliott Prop

MLS Listing ID 10476685

HOA Y/N No

Year Built 1960

Annual Tax Amount $5,971

Tax Year 2024

Lot Size 0.396 Acres

Acres 0.396

Lot Dimensions 17249.76

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts at $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property overall market appeal. Property being Sold "AS/IS". THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Electric, Forced Air

Cooling Central Air, Electric

Fireplace No

Exterior

Parking Features Off Street, Side/Rear Entrance

Garage Spaces 7.0

Community Features None

Utilities Available Electricity Individual Meters

View Y/N No

Total Parking Spaces 7

Garage No

Private Pool No

Building

Faces Please Use GPS

Foundation Block, Slab

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction No

Schools

Elementary Schools Jones

Middle Schools Other

High Schools Washington

Others

HOA Fee Include None

Tax ID 14 011400031272

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Resale

+1(404) 260-0970

info@homesbyholloman.com

3142 Highway 278 NW, Atlanta, GA, 30014, USA

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550 Joseph E Lowery BLVD NW Atlanta, GA 30314