71 17th St - Apartments FOR SALE


Atlanta, GA 30309
$1,250,000 USD
404-876-1640
71 17th St, Atlanta, GA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

71 17th St
Atlanta, GA 30309


HIGHLIGHTS

  • Large 3-unit apartment building in the heart of Ansley Park, Atlanta
  • All spacious 2 bed/1 bath layouts
  • All units have custom kitchens, in-unit laundry and private patios Ideal owner-occupant or investor opportunity
  • Off-street parking in rear, including a 1-car garage
  • R-4, Non-conforming zoning Walking distance to Piedmont Park, local restaurants, Arts Center MARTA station, the Atlanta Belt Line and city amenities
  • Easy access to I-85, Downtown Atlanta & Buckhead The property is currently vacant.

OVERVIEW

Opportunity to acquire The Savannah, a charming, 3-unit, multifamily building located in a fantastic location in the heart of Ansley Park, Atlanta, just steps away from Peachtree Street in Midtown. This property is an ideal owner-occupant or investor opportunity in one of the hottest markets of the city. The offering includes three spacious 2 bed/1 bath units that were renovated in 2021 with full custom kitchens including granite countertops and stainless-steel appliances, new baths, etc. The units also include in-unit laundry and separate outdoor patios in the rear. The property also features off-street parking and a 1-car garage. This property presents an investor the opportunity to purchase a multifamily property in a coveted location in the heart of Ansley Park, just east of Midtown and west of Piedmont Park. In addition to being minutes away from Piedmont Park, the property is within walking distance to several restaurants and shops, the High Museum of Art, the Arts Center MARTA Transit Station, the Atlanta Botanical Garden, Atlantic Station, and the BeltLine. The area draws tenants from its proximity to the Midtown Financial District, Federal Reserve, Price Waterhouse Cooper (PwC), King and Spalding, Emory Hospital Midtown, Georgia Tech, Google, Emory University, SCAD, and Georgia State University. Midtown has steadily remained one of the strongest rental markets in Metro Atlant

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$221 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large Triplex in the Heart of Midtown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R-4

APN/PARCEL ID

17-0105-0006-022-6

ASK ABOUT THIS PROPERTY

Andy LundsbergBull Realty Inc.More Info
404-876-1640

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Andy LundsbergBull Realty Inc.More Info
404-876-1640

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