Updated Waterfront Residential Income
For Sale
$240,000
1304 Gettysburg Place, Atlanta, GA 30350
Condo with pond views, a renovated open kitchen, sunroom, and low-maintenance community services.
Property Size1,100 SF
Price / SF$218.18
Days on Market101
Property Features for 1304 Gettysburg Place
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Building Details
Year Built
1988
Listing Agency:
Hirsh Real Estate- SandySprings.com
Listed By:
Marci Robinson
(404) 317-1138
Source:
Sandysprings
Added: Jul 11
Changed: Oct 5
Last Checked: Oct 16 at 5:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hirsh Real Estate- SandySprings.com
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Investment Insights
Based on property information with market context.
This 1,100 SF residential income property is a waterfront condominium built in 1988, positioned at the rear of its community beside a pond with a fountain. Recent updates include an open-concept kitchen with quartz counters, bar seating, ceiling-height cabinetry, open shelving, revised backsplash, recessed lighting, and new appliances. The residence also features a sunroom, newer Trex deck, mature trees, refreshed interior paint, upgraded cabinet hardware, a renovated primary bathroom, and new patterned carpet in the guest bedroom.
The property is located at 1304 Gettysburg Place in Atlanta, with access to Canton Street less than 4 miles away, GA-400 under 2 miles away, and North Springs MARTA less than 5 miles away. The Chattahoochee River National Recreation Area is also nearby. The community is FHA-approved, while HOA dues cover the building exterior, roof, water, sewer, trash service, and pest control.
The property is located at 1304 Gettysburg Place in Atlanta, with access to Canton Street less than 4 miles away, GA-400 under 2 miles away, and North Springs MARTA less than 5 miles away. The Chattahoochee River National Recreation Area is also nearby. The community is FHA-approved, while HOA dues cover the building exterior, roof, water, sewer, trash service, and pest control.
Key Highlights
- 1,100 SF waterfront condominium built in 1988
- Pond setting with fountain, sunroom, and newer Trex deck
- Open‑concept kitchen with quartz counters, bar seating, and new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,133
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,660
$242.7K
Cap Rate 7%
$173,329
$173.3K
Cap Rate 9%
$134,811
$134.8K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$23.1K $21.00/SF
− Vacancy
−$1.0K −$0.95/SF
EGI
$22.1K $20.06/SF
− OpEx
−$9.9K −$9.02/SF
NOI
$12.1K $11.03/SF
Area
Atlanta, GA
Vacancy
4.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,660
Cap Rate 7%
$173,329
Cap Rate 9%
$134,811
Alternative Uses
Best Use
Apartment 5plus
$173.3K
$151.7K – $202.2K
NOI $12,133 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.5K
$269.1K – $358.7K
NOI $21,524 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Demographics for 30350, GA
35,882
Population
19,892
Households
1.8
Avg Household Size
36
Median Age
63%
College-Educated
98%
High-School Grad
12.6 sq mi
ZIP Area
2,848
Density / Sq Mi
$84,633
Median Household Income
$57,899
Median Earnings
$1,645
Median Rent
$512,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condo with pond views, a renovated open kitchen, sunroom, and low-maintenance community services.
Where is this residential income property located?
The property is located at 1304 Gettysburg Place Atlanta, GA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,100 SF waterfront condominium built in 1988; Pond setting with fountain, sunroom, and newer Trex deck; Open‑concept kitchen with quartz counters, bar seating, and new appliances
