627 Delmar Ave SE - Multi-Family FOR SALE


Atlanta, GA 30312- Grant Park
$599,000 USD
404-849-7688
627 Delmar Ave SE, Atlanta, GA for Sale
$599,000 USD
Multi-Family - FOR SALE
1/13
null | Request Cap Rate

627 Delmar Ave SE
Atlanta, GA 30312
Grant Park


HIGHLIGHTS

  • 2 Units | ±2,000 SF | 2BR / 1.5BA Each
  • 100% Leased - Current Gross Rent $3,475/Mo
  • One Unit Month-to-Month - Mark-to-Market Upside
  • Tenants Pay Seperately Metered Utilities - Low Owner Expense
  • In-Unit W/D | 4 Off-Street Parking Spaces
  • Walk to BeltLine Southside Trail & Grant Park

OVERVIEW

Vision Commercial Advisors is pleased to offer 627 Delmar Avenue SE, duplex in Atlanta's Grant Park neighborhood just steps from the Beltline and Grant Park, a wonderful opportunity for an investor or partial owner-occupant. Each unit is a renovated 2BR/1.5BA townhome-style residence of approximately 1,000 SF with a private entry, in-unit washer and dryer, and a total of four dedicated parking spaces on the paved rear lot. The property currently produces $3,475 per month in gross scheduled rent, and Unit A is month-to-month — immediate flexibility to reset rent to market or deliver vacant.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

2

PRICE/UNIT

$299,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R5

APN/PARCEL ID

14-0022-0010-020-1

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 Notice.