Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
Atlanta, GA 30315,1016 Linam AVE SE
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$455,000

$425,000

7.1%
Est.Price: ?

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Est. payment /mo

5,998 Sqft Lot


SOLD DATE : 08/29/2023

Key Details

Sold Price $455,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Peoplestown

MLS Listing ID 7260303

Year Built 1955

Annual Tax Amount $3,031

Tax Year 2022

Lot Size 5,998 Sqft

Property Description

Amazing investment opportunity in Peoplestown just steps from the Beltline! The property is a classic, legal duplex that consists of two separate rentable units; units are both 2/1 with about 625 sq ft each. More recent updates include a new roof, paint, flooring and appliances 2 years ago. Zoning is R-5 which allows for legal multifamily in the city of Atlanta, and the lot is very wide for the neighborhood at 50ft x 121ft. The immediate area has lots of new construction development due to the excellent location which is very close to many amenities and is walkable to The Beltline, The Beacon, the future Terminal South development (adaptive re-use with food hall), DH Stanton Park, as well as the shops and restaurants of Georgia Ave. Investment options are numerous; rent both sides for a long-term hold, owner-occupant can house-hack by living in one side while doing a short-term rental on the other side, or given the generous lot size and proximity to the Beltline one could redevelop into a larger, modern for-sale duplex. Both sides are currently vacant, the electrical is sub-metered, water is shared to the property, and there is no gas bill.

Location

State GA

County Fulton

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Flooring Vinyl

Exterior

Parking Features Driveway, Level Driveway

Fence Fenced, Wood

Community Features Near Beltline, Near Marta, Near Schools, Near Shopping, Near Trails/Greenway, Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Composition

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Structure Type Brick 4 Sides

New Construction No

Schools

Elementary Schools Barack And Michelle Obama Academy

Middle Schools Martin L. King Jr.

High Schools Maynard Jackson

Others

Special Listing Condition None

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Nattalie De La Mothe (Cornwall)

Nattalie De La Mothe (Cornwall)

+1(678) 270-7127

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First Multiple Listing Service(FMLS)
Listed by Porch Path Realty
Bought with Bolst, Inc.
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+1(678) 270-7127

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1355 Terrell Mill Rd., Bldg # 1464, Marietta, GA, 30067

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