About 969 Piedmont Avenue Ne
These TWO properties (969 & 971 Piedmont) present an investor the opportunity to purchase 7 units 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 |
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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 |
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Subdivision | Midtown |
City | Atlanta |
County | Fulton - GA |
State | GA |
Zip Code | 30309 |
Amenities
Utilities | Electricity Available, Natural Gas Available, Water Available |
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Parking | Parking Lot, Paved |
View | Other |
Is Waterfront | No |
Waterfront | None |
Has Pool | No |
Interior
Heating | Central |
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Cooling | Central Air |
Fireplace | No |
Stories | Two |
Exterior
Lot Description | Other |
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Windows | None |
Roof | Other |
Construction | Other |
School Information
Elementary | Springdale Park |
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Middle | David T Howard |
High | Midtown |
Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Bull Realty, Inc. |
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