963 Saint Charles AVE NE, Atlanta, GA 30306 - MLS#7481853

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Marc Brown

[email protected] +1(404) 625-0776

$1,400,000

Est. payment - /mo

8,999 Sqft Lot

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UPDATED:

11/07/2024 11:01 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Virginia Highland

MLS Listing ID 7481853

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1920

Annual Tax Amount $11,348

Tax Year 2023

Lot Size 8,999 Sqft

Acres 0.2066

Property Description

This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a new roof installed in February 2021 and all appliances in Units 1 and 3 replaced in 2021. Units 2 and 4 come fully furnished, making them turnkey for short-term rental use. Additionally, the property offers shared laundry facilities, two parking spaces behind the house with alley access, and additional parking in the front driveway. The location is unbeatable, with easy access to the Beltline, Virginia Highland Village, and key grocery stores like Publix, Whole Foods, and Trader Joe's. With a combination of long-term and short-term rentals, this property is a great opportunity for steady cash flow and long-term investment in a highly sought-after area.

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central, Forced Air, Natural Gas

Cooling Central Air, Multi Units, Wall Unit(s)

Flooring Ceramic Tile, Hardwood

Window Features None

Exterior

Parking Features Driveway, Varies by Unit

Fence Back Yard, Fenced

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Restaurant, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Waterfront Description None

View City

Roof Type Ridge Vents,Shingle

Accessibility None

Handicap Access None

Total Parking Spaces 2

Private Pool false

Building

Lot Description Level, Private

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick 3 Sides,Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools Springdale Park

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 001600070170

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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Listed by Ansley Real Estate| Christie's International Real Estate

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Marc Brown

+1(404) 625-0776

Agent | License ID: 382845

Agent License ID: 382845