529 Atwood St SW - Apartments FOR SALE


Atlanta, GA 30310
$530,000 USD
404-263-8520
529 Atwood St SW, Atlanta, GA for Sale
$530,000 USD
Apartments - FOR SALE
1/4
null | 9.96% Cap Rate

529 Atwood St SW
Atlanta, GA 30310


HIGHLIGHTS

  • Value Add
  • Income Producing
  • Additional Land

OVERVIEW

5-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 $67,200 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.

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

5

PRICE/UNIT

$106,000

CAP RATE

9.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

529 Atwood Street Multifamily

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,755 SF

ZONING

R-4a

APN/PARCEL ID

14-0140-0009-018-5

ASK ABOUT THIS PROPERTY

Jelani LinderColdwell Banker Commercial Metro BrokersMore Info
404-263-8520

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Jelani LinderColdwell Banker Commercial Metro BrokersMore Info
404-263-8520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.