969 Piedmont Avenue NE

, Atlanta - Midtown
[
Price:
$2,700,000
Type:
Multi-Family
Year Built:
1920
Approx. Sq. Ft.:
n/a
Sq. Ft. Source: NA
Bedrooms:
n/a
Bathrooms:
n/a
Half-Baths:
n/a
Lot Size:
0.2405 Acres
  • Property Details
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  • Description

    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.
    FMLS#: 7100016
    Neighborhood: Midtown

    School Information
    • Elementary School: Springdale Park
    • Middle School: David T Howard
    • High School: Midtown

    Exterior Features
    Construction:Other
    Built In:1920
    Stories:Two
    Sewer:Public Sewer
    Parking:Parking Lot, Paved
    Services:Near Beltline, Near Marta, Park
    Utilities:Electricity Available, Natural Gas Available, Water Available
    Acres:0.2405

    Interior Features
    Features:Central Air, Central
    HVAC:Central Air

    Last updated: 10/1/2022 7:00:03 AM from FMLS
    Listing Provided as a Courtesy of Bull Realty, Inc..
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