215 Joseph E Lowery BLVD SW new

Atlanta,GA 30314

$ 550000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7497838

Year Built 1930

Annual Tax Amount $5,139

Tax Year 2024

Lot Size 3,998 Sqft

Property Description

Don't miss this incredible investment opportunity! This newly renovated 3-unit multi-family building is ideally located in the vibrant Atlanta University Center area. Two of three units are tenant occupied.

Property Highlights:
Unit Breakdown:

(2) Two-bedroom, one-bathroom units with central air and heat.
(1) Studio apartment on the terrace level with a modern mini-split system.
Recent Upgrades:

Renovated kitchens and bathrooms featuring contemporary finishes.
Newer systems for enhanced comfort and efficiency.
Additional Features:

Basement with abundant storage space, offering potential for conversion into a fourth unit.
A two-car paved driveway and a spacious, fully fenced backyard—perfect for outdoor enjoyment or future enhancements.
Financial Details:
Gross Annual Rents: $52,800
Annual Expenses: Approximately 11% of gross rents.
Whether you're an investor looking to add a high-performing, cash-flowing asset to your portfolio or a future owner-occupant seeking to live in one unit while earning rental income, this property delivers on all fronts. This property will be sold as-is.

Schedule your showing today and secure this exceptional property in one of Atlanta's most sought-after areas!

Location

State GA

County Fulton

Interior

Heating Central,Electric,Other

Cooling Ceiling Fan(s),Central Air

Flooring Ceramic Tile,Laminate

Exterior

Parking Features Driveway,Paved

Fence Back Yard,Fenced,Privacy,Wood

Community Features Near Public Transport,Near Schools,Near Shopping

Utilities Available Electricity Available,Sewer Available,Water Available

Waterfront Description None

View Neighborhood

Roof Type Shingle

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Structure Type HardiPlank Type

New Construction No

Schools

Elementary Schools M. A. Jones

Middle Schools Herman J. Russell West End Academy

High Schools Booker T. Washington

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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