Bull Realty presents this 16-unit in-town investment opportunity at an attractive 6.5% cap rate. This property features (14) spacious 2 bedroom/1 bathroom units and (2) 1 bedroom/1 bathroom units, all recently renovated and 100% occupied resulting in turn-key ownership. Amenities include on-site laundry facilities and off-street parking for all units. Located in the highly sought-after Inman Park neighborhood, the property enjoys proximity to both Inman Park and Little Five Points. This prime location allows residents to easily walk to a diverse array of restaurants, bars and shops enhancing the appeal for tenants and ensuring a vibrant community atmosphere.
Property Details
Property Features
Property Information:
Year Built: 1978
Listing Office:
Office Name: Bull Realty, Inc.
Office Phone: (404) 876-1640
Listing Agent: Andy Lundsberg
Interior Features
Interior Information:
Flooring Type: Hardwood
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: None
View: Other
Parking Information:
Attached Garage: No
Parking: Parking Lot
Lot Features
Lot Information:
Lot: Corner Lot, Other
Lot Size: 0.52 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Tax Information:
Annual Amount: $34,142
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Atlanta, GA.
This property is $3.1M more than the Median Sold Price in Atlanta, GA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: First Multiple Listing Service
MLS Number: #7439014
Listing Office:
Office Name: Bull Realty, Inc.
Office Phone: (404) 876-1640
Listing Agent: Andy Lundsberg
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Mary Lin Elementary School
586 Candler Park Dr NE
Distance between this listing and this school0.84 miles
Public District Grades KG-5
8
/10
Springdale Park Elementary School
1246 Ponce De Leon Ave NE
Distance between this listing and this school0.96 miles
Public District Grades KG-5
3
/10
Hope - Hill Elementary School
112 Boulevard NE
Distance between this listing and this school1.25 miles
Public District Grades PK-5
Nearby Schools
6
/10
D.T. Howard Middle School
551 John Wesley Dobbs Ave NE
Distance between this listing and this school1.04 miles
Public District Grades 6-8
2
/10
Kindezi Old 4th Ward
386 Pine St NE
Distance between this listing and this school1.41 miles
Public Charter Grades KG-8
4
/10
Ivy Preparatory Academy- Inc
1807 Memorial Dr SE
Distance between this listing and this school1.75 miles
Public Charter Grades KG-8
Nearby Schools
4
/10
Maynard Holbrook Jackson High School
801 Glenwood Ave SE
Distance between this listing and this school1.66 miles
Public District Grades 9-12
7
/10
Midtown High School
929 Charles Allen Dr NE
Distance between this listing and this school1.74 miles
Public District Grades 9-12
1
/10
Hillside Conant School
690 Courtenay Dr NE
Distance between this listing and this school2.13 miles
The neighbors living near this home have an average income of $101,958. The majority of Atlanta, GA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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This home, which was built in 1978, sits on a 0.52 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $3,600,000.
In October 2024, from all listings sold in Atlanta, GA there were more than 184 sold above asking price, over 591 sold below and more than 249 were sold right at the asked price. The number of listings in Atlanta, GA increased by 15.6% between September 2024 and October 2024. In October 2024, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $421,449.
From Rocket Homes Real Estate and based on county public records data.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. 
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