1566 Morningside Dr NE Atlanta, GA 30306

Located in the Morningside Elementary School district, this triplex with an additional in-law suite is a restored, income-producing property in Atlanta. The property is near Morningside's shops, restaurants, and parks. The home combines historic character with modern upgrades. The property is arranged as four units totaling nearly 4,800 square feet. The largest unit spans two levels with three bedrooms and two baths across approximately 2,400 square feet, generating $3,100 per month. It can be combined with the adjacent one-bedroom in-law suite to create a five-bedroom, three-bath residence encompassing 3,200 square feet. The remaining residences include a one-bedroom, one-bath unit of roughly 1,000 square feet earning $1,690 per month, and a one-bedroom, one-bath unit of 800 square feet earning $1,560 per month. Together, the property produces $7,930 per month in rental income. Residents pay all utilities aside from cable and internet. The roof was replaced in 2020 with 40-year architectural shingles, along with new gutters, downspouts, and leaf filters. The exteriors were repainted in 2022, the main furnace and HVAC were replaced in 2024, and new water heaters were installed in 2023. The interiors of all units have been fully restored, with new flooring, refreshed kitchens, updated baths, and refinished details throughout. The grounds include a refurbished back deck, rebuilt garage with a new slab and automatic door, landscaped gardens featuring hedgerows, flower beds, grass, and a raised garden bed. There is a built-in fire pit and BBQ area, while multiple porches and screened enclosures offer indoor-outdoor living. The lot size is 0.221 acres.