650 Glen Iris Drive Ne, Atlanta, GA


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About 650 Glen Iris Drive Ne

This is an investment portfolio of 4 different properties, all of them unique and with a proven track record as furnished rentals. As-is, this portfolio offers a desirable cap rate, but the rental market offers the potential for greater cash flow. As an added perk, each unit has its own storage unit(s).Troy Peerless Lofts is located in one of Atlanta's most walkable locations - it is a charming and unique Old Fourth Ward building, directly across from Ponce City Market, and the Atlanta Beltline. These authentic renovated lofts are on the National Register of Historic Places. The Isaac Moscowitz designed building is one of Atlanta's best remaining examples of Deco Modernism. The flexible floor plans w/modern amenities have all the charm of the original industrial laundry with exposed brick, beams & ductwork, metal truss ceilings, soaring ceilings, and industrial windows. Each unit has a unique floorplan and unique architectural features. The industrial aesthetic gives the lofts a fun, cool feel. The windows let in tons of natural light - they are huge and original. There are black out shades for when you want to relax and sleep in late. Some of the units have concrete floors, some have hardwood floors. All these special features make this a great place to live. Building amenities include rooftop deck for incredible views of the city, side patio with fountain, dog walk, gym and club room. There is so much to do here - you are in the thick of everything and you don't need a car (even though there are deeded parking spaces). Ponce City Market, the Beltline, and Whole Foods are right outside your door. Getting downtown is a breeze and interstate access is close. Walk or bike to the Beltline, Piedmont Park, yoga, gym, coffee and Ponce City Market where you can find amazing shopping, dining and nightlife! It's a diverse, friendly neighborhood with a mix of old and new all around! These true historic lofts are rare and are sure to appreciate due to their unique appeal and desirable location.

Features of 650 Glen Iris Drive Ne

MLS® # 7090546
Price $1,950,000
Bathrooms 0.00
Acres 0.02
Year Built 1920
Type Residential Income
Sub-Type Other
Status Active

Community Information

Address 650 Glen Iris Drive Ne
Subdivision Troy Peerless Lofts
City Atlanta
County Fulton
State GA
Zip Code 30308


Utilities Cable Available, Electricity Available, Natural Gas Available
Parking Spaces 6
Parking Parking Lot
View City
Is Waterfront No
Waterfront None
Has Pool No


Heating Electric, Forced Air
Cooling Central Air
Fireplace No
Stories Three Or More


Lot Description Other
Windows None
Roof Other
Construction Brick 4 Sides

School Information

Elementary Hope-Hill
Middle David T Howard
High Midtown

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty Metro Atlanta

Listing Map

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