529 Atwood St Atlanta, GA 30310
- Investment properties
- 4,602 SF
- 0.17 lot acres
Current Use by Public Records
- Investment properties
Property Details for 529 Atwood St
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 4,602 SF
- Zone code
- R5
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 14 014000090185
- APU
- 14014000090185
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4292
- Latitude
- 33.7406
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
