356 5th St Ne - Multi-Family FOR SALE


Atlanta, GA 30308- Midtown Garden District
$1,285,000 USD
404-876-1640
356 5th St Ne, Atlanta, GA for Sale
$1,285,000 USD
Multi-Family - FOR SALE
1/42
null | Request Cap Rate


OVERVIEW

Great opportunity to purchase this turn-key cash flowing triplex in the heart of Midtown. This prime location is just a few blocks away from Piedmont Park and walkable to the eastside Beltline trail and Midtown’s business district (popular restaurants, bars, retail, etc.) The current owner operates the property as a mid-to-long-term Airbnb with all units fully furnished (any stays are 30+ days). The owner has run a very successful full-service rental business for several years with a rating of 4.94, allowing for a new owner to benefit day one with minimal effort. Property is being sold with all furnishings. The property can easily be converted to long-term traditional rentals with all units being separately metered for all utilities (including water).

FOR SALE DETAILS

PRICE

$1,285,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

3

PRICE/UNIT

$428,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 Units in the Heart of Midtown | For Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R5

APN/PARCEL ID

14-0048-0005-016-6

ASK ABOUT THIS PROPERTY

Andy LundsbergBull Realty Inc.More Info
404-876-1640

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Andy LundsbergBull Realty Inc.More Info
404-876-1640

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