This rare opportunity to own a one-of-a-kind, 6-unit gem in Atlanta's coveted Candler Park/Lake Claire. Nestled across from Pullman Yards, it boasts walkability, proximity to MARTA, and easy access to attractions - a tenant magnet. Six fully equipped units offer proven tenant demand and rental income flexibility, as they can be positioned for long, short, and mid-term rental options. The property comprises four units in the main structure; the garage building houses two units - a converted garage apartment and a luxurious carriage house with a loft. Upgraded systems minimize upkeep and maximize profitability while providing a quality experience for your tenants. The versatile layout caters to a broad range of renters: Two spacious 1-bedroom units. Two well-laid-out studio units. One industrial-chic garage conversion. A luxurious one-bedroom + bonus bedroom loft in the carriage house. Six off-street parking spaces are conveniently located in the back of the property. Personally owned long-term by an award-winning Atlanta builder, this property has been meticulously renovated, maintained, and cared for. Sustainable practices shine through with repurposed materials crafted into bespoke fixtures and furnishings. Durable finishes - hardwood floors, granite, concrete, and natural wood - grace the units. Beyond the prime location, tenants and guests enjoy ample storage, in-unit laundry, and quality appliances. Energy-saving electric mini-split HVAC systems and tankless water heaters provide reliable, low-cost run utilities. This Atlanta multi-family property is an established, furnished, and stocked rental business that is ready for immediate income generation. Proximity to MARTA and significant travel corridors provides seamless access to Emory and Decatur, Downtown, the Beltline, and Ponce City Market. Walkable parks, restaurants, and entertainment options create a vibrant lifestyle for your tenants. This exceptional property unlocks prime access to Atlanta's in-town living, perfect for business travelers and explorers. A proven favorite with renters, it presents a remarkable opportunity to capitalize on Atlanta's thriving market. Additional details for investors: Six units, zoned C2, cash or commercial residential financing. Limited access due to high occupancy. Showings for pre-qualified buyers on open units when available with full access coordinated during due diligence. Earnings reports are available upon request. Most units are booked with month-to-month, mid-, and short-term renters through June.
5/18/2024 8:32 AM
Listing Information
Property Type: Multi-Family, 1 Story
0.2 Acres
1955
1
Aluminum siding,Block
D.M. Matthews
Block, Pillar/Post/Pier
Public
Public Sewer
Other
School Information
Lin
David T Howard
Grady
Room Information
| Bathrooms | |||
Interior Features
Central Air, Electric, Ceiling Fan(s)
Gas Heat, Electric Heating,
Central
None
2
Appliances, Insulation, Thermostat, Water Heater
Exterior / Lot Features
6 Parking Spaces,
Assigned, Carport, Off Street, Parking Pad
Aluminum, Block
Updated/Remodeled
Driving Directions
Off of Dekalb Ave or from the neighborhood behind the property - Use either Casson St or Mathews Ave to get to the alley. Only park on Matthews or Casson not in alley.
Nearby Homes for Sale (within two miles)
Area map
Walk Score
Financial Considerations
15 211 04 174
$2,725
Cash
Listing Price History
Courtesy: Wynd Realty Georgia
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2022 Georgia MLS. All rights reserved.
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