679 N Central Avenue, Hapeville, GA 30354
Versatile property in Hapeville's Historic District, suitable for various uses.
- Added:
- Jan 29, 2025
- Days on Market:
- 502
- Last Refresh:
- May 13 at 8:38 pm
Property Features for 679 N Central Avenue
General Information
- Standard status
- Active
- Size
- 2,092 SF
- Property subtype
- Other
Building Details
- Year Built
- 1920
Listing agent Harry Norman Realtors
Listing office (404) 897-5558
Listing date Jan 29, 2025
Source Xome
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 Harry Norman Realtors
HighLights
- Prime location in Hapeville's Historic District with Urban Village zoning, offering diverse residential and commercial possibilities.
- Close proximity to parks, restaurants, breweries, coffee shops, cultural attractions, the airport, Porsche HQ, and downtown Atlanta.
- Features a 24X24 garage and paved backyard.
- Includes a covered front porch, parlor with pocket doors, open kitchen, dining area, and a bathroom with clawfoot tub.
- Two additional bedrooms, washer and dryer, and an office/living area upstairs, accessible by inside or outside staircases.
- New architectural shingle roof and central air conditioning.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $23.87 |
| − Vacancy | −$12.6k | −$6.02 |
| EGI | $37.4k | $17.85 |
| − OpEx | −$9.3k | −$4.46 |
| NOI | $28.0k | $13.39 |
Alternative Uses
Current Use by Public Records
Map
- City
- Hapeville
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3853
- Latitude
- 33.6616