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    539 Hopkins St Atlanta, GA 30310

    Sponsored
    For Sale
    $1,175,000

    Four-unit rental portfolio, redevelopment opportunity.

    Property size:
    1,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a four-unit, multifamily portfolio situated in Atlanta's vibrant West End neighborhood. The portfolio comprises two buildings, totaling 1,500-2,500 square feet, built in 1920 and situated on a combined lot size of 5,000-9,000 square feet. Currently vacant, this Class B property presents a unique redevelopment opportunity, zoned R4-A, allowing for significant potential. The portfolio includes four individual units, each with its own address: 539 Hopkins St SW, Queen St SW, another on Hopkins St SW, and one on Langhorn St SW, all in Atlanta, GA 30310. The asking price is $1,175,000, with a price per unit of $293,750. The properties are located near the Atlanta BeltLine Westside Trail, offering convenient access to parks, trails, and public transportation. Existing renovations have been started on the houses. Building plans are included. The properties are being sold AS-IS. Individual offers may be submitted for each unit. The properties are located in a historic district, presenting a unique opportunity for development within a thriving and revitalizing community. Parcel numbers are: 14 011800011080, 14 014000080368, and 14-0140-0008-086-3. This portfolio offers a compelling blend of historical charm and significant upside potential for the discerning investor.

    Property Features for 539 Hopkins St

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,500 SF
    Class
    B

    Building Details

    Year Built
    1920
    Buildings
    2
    Units
    4

    HighLights

    • Renovations started on houses.
    • Corner lot at Hopkins Street.
    • Development‑ready corner lot.
    • Building plans included.
    • Proximity to Atlanta BeltLine Westside Trail.
    • Sold AS‑IS.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office 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
    State
    Georgia
    Longitude
    -84.4309512
    Latitude
    33.7403034

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit rental portfolio, redevelopment opportunity.
    Where is this multifamily property located?
    The property is located at 539 Hopkins St Atlanta, GA.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: Renovations started on houses.; Corner lot at Hopkins Street.; Development-ready corner lot.
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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
    539 Hopkins St Atlanta, GA 30310
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