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    581 Martin St

    Atlanta, GA 30312
    • $1,350,000
    • STATUS: Active
    • ON SITE: 96 days
    • MLS #: 8825575
    $1,350,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2001
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Irreplaceable 6 Unit Asset/Multi-Family in the Heart of Summerhill. Easy Cash Flow w/ long term rental growth in developing neighborhood as Carter Development & GA State continue to Develop and add Infrastructure one block away. 3 Renovated Units w/ New Kitchens Featuring Granite Countertops, Custom White Shaker Cabinets, SS Appliances, Hardwood Floors Throughout, Stackable Washer/Dryers. Completely Renovated Bathroom and 3 Units under Renovations. All units have Covered Back Deck/Porch. Perfect for a First time investor getting into Multi-Family Sector, AirBnB. 1031 Exchange, or Seasoned Investor looking for Cash Flow. Potential Buyer can Purchase "Clean LLC/Entity" to Help Absorb the possible increase on Property Taxes. Atlanta Housing Authority Approved & can be transferred to New Owner. All Separate Metered except water. One Block away from Shops, Restaurants. Mins from GA State Stadium & Grant Park/Beltline Access, Atlanta Airport & Downtown Atlanta . Close to I-20 & I-75/85.

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    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Tim Stout and Associates | Compass are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Tim Stout and Associates | Compass. Data last updated: 2020-10-25T22:50:27.77.
    www.fayetteandcowetahomes.com/homes/108090813
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    581 Martin St Atlanta, GA 30312

    • Price: $1,350,000
    • Status: Active
    • MLS #: 8825575
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2001
    Built
    Neighborhood:
    Summerhill
    County:
    Fulton
    Area:
    ATLANTA
    Elementary School:
    Parkside
    Middle School:
    King
    High School:
    Mh Jackson Jr
    Property Description
    Irreplaceable 6 Unit Asset/Multi-Family in the Heart of Summerhill. Easy Cash Flow w/ long term rental growth in developing neighborhood as Carter Development & GA State continue to Develop and add Infrastructure one block away. 3 Renovated Units w/ New Kitchens Featuring Granite Countertops, Custom White Shaker Cabinets, SS Appliances, Hardwood Floors Throughout, Stackable Washer/Dryers. Completely Renovated Bathroom and 3 Units under Renovations. All units have Covered Back Deck/Porch. Perfect for a First time investor getting into Multi-Family Sector, AirBnB. 1031 Exchange, or Seasoned Investor looking for Cash Flow. Potential Buyer can Purchase "Clean LLC/Entity" to Help Absorb the possible increase on Property Taxes. Atlanta Housing Authority Approved & can be transferred to New Owner. All Separate Metered except water. One Block away from Shops, Restaurants. Mins from GA State Stadium & Grant Park/Beltline Access, Atlanta Airport & Downtown Atlanta . Close to I-20 & I-75/85.
    Exterior Features

    Construction Concrete Siding Lot Dimensions X

    Interior Features

    Basement Slab/None Bathrooms Full Unit1 1 Bathrooms Full Unit2 1 Bathrooms Full Unit4 1 Bathrooms Full Unit41 1 Bathrooms Half Unit1 0 Bathrooms Half Unit2 0 Bathrooms Half Unit3 0 Bathrooms Half Unit4 0 Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Source Electric Cooling Type Ceiling FanCentral Energy Related None Heating Source Electric Heating Type CentralHeat Pump Laundry Mf Other (See Remarks) Stories 2 Stories Total Fin Area Unit4 650 Total Fireplaces 0 Total Units 0 Unit Equipment1 DishwasherDisposalRange/OvenRefrigeratorWasher/Dryer Unit Equipment2 DishwasherDisposalRange/OvenRefrigeratorWasher/Dryer Unit Equipment3 DishwasherDisposalRange/OvenRefrigeratorWasher/Dryer Unit Equipment4 DishwasherDisposalRange/OvenRefrigeratorWasher/Dryer

    Property Features

    Acreage Source Public Record Amenities Boat/Camper/Van PrkgParkSidewalksStreet LightsWalk To MartaWalk To SchoolsWalk To Shopping Annual Gross Expense 500 Annual Gross Income 93960 Annual Insurance 3000 Block 0 Construction Status Resale Date Of Possession At ClosingNegotiable District 0 Fees Include None Land Lot 0 Lot 0 Monthly Rent Unit1 1350 Monthly Rent Unit2 1350 Monthly Rent Unit3 1350 Monthly Rent Unit4 1350 Multi Type Apartments (5+ Units) Property Class Multifamily Quadrant Se Sale Or Rent For Sale Section 0 Special Conditions Investor OwnedNo DisclosureRecently Renovated Tax Year 2019 Taxes 7863 Total Fin Area Unit1 650 Total Fin Area Unit2 650 Total Fin Area Unit3 650 Unit Lease Term1 Other (See Remarks) Unit Lease Term2 Other (See Remarks) Unit Lease Term3 Other (See Remarks) Unit Lease Term4 Other (See Remarks) Unit Number Unit1 1 Unit Number Unit2 2 Unit Number Unit3 3 Unit Number Unit4 4 Unit Rent Includes1 Other (See Remarks) Unit Rent Includes2 Other (See Remarks) Water Sewer Public Water

    Listing provided courtesy of Engel & Volkers Atlanta. © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2020 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Tim Stout and Associates | Compass are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Tim Stout and Associates | Compass. Data last updated: 2020-10-25T22:50:27.77.
     
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    Tim Stout and Associates | Compass
    309 East Paces Ferry Road NE Suite 400
    Atlanta GA, 30305