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    529 Atwood St Atlanta, GA 30310

    For Sale
    $660,000

    High-Yield Atlanta Condo, Great Potential

    Property size:
    4,602 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This 5-unit multifamily condo in Atlanta's West End offers exceptional investment potential. Located just steps from the Beltline, the property boasts four one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit, and one efficiency unit. Generating a substantial $75,000 in annual gross rent, this property presents a strong cash flow opportunity. All utilities—water, electric, and gas—are covered by the landlord. The property sits on a 0.17-acre lot, with the rear portion offering significant development potential. An additional building or accessory dwelling unit could be constructed, further enhancing the property's value and rental income. Comparable properties in the area have recently sold for $200,000 per unit, indicating significant upside potential in this rapidly appreciating neighborhood. This 4,602 square foot condo presents a rare opportunity to acquire a high-yield investment property in a prime Atlanta location with substantial future growth prospects. The property's location near the Beltline ensures strong tenant demand and continued appreciation. This is an ideal investment for those seeking a stable income stream with significant long-term growth potential.

    Property Features for 529 Atwood St

    General Information

    Property type
    Residential income properties
    Square Feet
    4,602 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlanta
    County
    Fulton - GA
    State
    Georgia
    Longitude
    -84.42915
    Latitude
    33.74064

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    FAQs

    What type of property is this?
    Residential income property - High-Yield Atlanta Condo, Great Potential
    Where is this residential income property located?
    The property is located at 529 Atwood St Atlanta, GA.
    What is the asking price?
    The asking price for this property is $660,000.
    (404) 495-8915
    Request Owner's contact information
    529 Atwood St Atlanta, GA 30310
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    Atlanta, GA 30310
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    529 Atwood St Atlanta, GA 30310
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