969 Piedmont Avenue Ne, Atlanta, GA

$2,700,000

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0.24

Acres

About 969 Piedmont Avenue Ne

Location, Location, Location. These TWO properties present an investor the opportunity to purchase 2 stabilized properties in an unmatched location in the heart of Midtown. 969 & 971 Piedmont Ave NE consist of one quadraplex and one triplex (2 parcels), located just a few steps from Piedmont Park near the corner of 10th & Piedmont. Within walking distance are several restaurants and shops, the Fox Theatre, the Midtown MARTA transit station, and the Midtown Financial District. The area draws tenants from its proximity to Georgia Tech, Georgia State University, The High Museum, SCAD and other numerous cultural activities. Midtown has steadily remained one of the strongest rental markets in Metro Atlanta. Both properties were recently renovated. All units have central HVAC, dedicated laundry and dedicated/private surface parking in the rear. All units are currently 100% occupied with long term (~1 year) leases generating strong income. Huge upside potential as an Airbnb property with the right licenses and approvals. Future redevelopment potential with surrounding properties given the current underutilization of this A+ location.

Features of 969 Piedmont Avenue Ne

MLS® # 7100016
Price $2,700,000
Bathrooms 0.00
Acres 0.24
Year Built 1920
Type Residential Income
Sub-Type Other
Status Active

Community Information

Address 969 Piedmont Avenue Ne
Subdivision Midtown
City Atlanta
County Fulton
State GA
Zip Code 30309

Amenities

Utilities Electricity Available, Natural Gas Available, Water Available
Parking Parking Lot, Paved
View Other
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
Stories Two

Exterior

Lot Description Other
Windows None
Roof Other
Construction Other

School Information

Elementary Springdale Park
Middle David T Howard
High Midtown

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBull Realty, Inc.

Listing Map

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