529 Atwood St SW | Atlanta, GA 30310
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529 Atwood St SW
Atlanta, GA 30310
529 Atwood Street Multifamily · Residential Property For Sale · 6 Units
Investment Highlights
- Value Add
- Additional Land
- Income Producing
Executive Summary
6-unit multifamily apartment located in the West End, just steps from the Beltline. The property consists of 4 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 efficiency unit, generating $75,000 in annual gross rent. The landlord covers all utilities, including water, electric, and gas.
With a nearby property recently selling for $200,000 per unit, this apartment offers strong rental income and significant upside potential in a rapidly appreciating neighborhood. Additionally, the land at the rear of the property provides an opportunity to build an additional building or accessory dwelling unit, offering further development potential for future value growth.
With a nearby property recently selling for $200,000 per unit, this apartment offers strong rental income and significant upside potential in a rapidly appreciating neighborhood. Additionally, the land at the rear of the property provides an opportunity to build an additional building or accessory dwelling unit, offering further development potential for future value growth.
PROPERTY FACTS Under Contract
| Price Per Unit | £87,129 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Net Initial Yield | 8% | Lot Size | 0.16 AC |
| Sale Conditions | Deferred Maintenance | Building Size | 5,104 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Price Per Unit | £87,129 |
| Sale Type | Investment |
| Net Initial Yield | 8% |
| Sale Conditions | Deferred Maintenance |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,104 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1930 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 14-0140-0009-018-5 | Improvements Assessment | £31,176 |
| Land Assessment | £41,600 | Total Assessment | £72,776 |
PROPERTY TAXES
Parcel Number
14-0140-0009-018-5
Land Assessment
£41,600
Improvements Assessment
£31,176
Total Assessment
£72,776
zoning
| Zoning Code | R-4a (R-4A and Beltline Overlay) |
| R-4a (R-4A and Beltline Overlay) |
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