1039 Greenwood Ave NE - Apartments FOR SALE


Atlanta, GA 30306- Virginia Highland
$1,450,000 USD
404-849-7688
1039 Greenwood Ave NE, Atlanta, GA for Sale
$1,450,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1039 Greenwood Ave NE
Atlanta, GA 30306
Virginia Highland


HIGHLIGHTS

  • Duplex consisting of 1BR/1BA and 2BR/2BA units
  • Built in 1930, heart pine floors, full kitchens, washer/dryer hookups
  • Parking lot in rear with 21 marked spots currently leased to parking lot operator
  • Level 0.231 acre RG2 zoned lot directly behind popular Virginia-Highland bars & restaurants

OVERVIEW

Vision Commercial Advisors is pleased to present an opportunity to acquire this strategically located RG2 zoned parcel in the heart of Atlanta’s Virginia Highland neighborhood with a duplex in the front and parking lot in the rear. The duplex, originally constructed in 1930, consists of a 1 bedroom and 1 bath unit, as well as a 2 bedroom and 2 bath unit. Each unit has heart pine floors, a full kitchen and washer/dryer hookups. Street parking and stone's throw away from iconic Virginia-Highland bars and restaurants. Duplex is being sold as-is. The parking lot at the back of the property, which includes 21 marked spaces, is part of the sale and is currently leased to a parking lot operator, generating income.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$639 USD /SF

# OF UNITS

2

PRICE/UNIT

$725,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

MR2

APN/PARCEL ID

14-0016-0005-091-7

ASK ABOUT THIS PROPERTY

Daniel LatshawVision Commercial Advisors Inc.More Info
404-849-7688

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Daniel LatshawVision Commercial Advisors Inc.More Info
404-849-7688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.