$3,075,000
$3,150,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
6,490 Sqft Lot
SOLD DATE : 07/09/2025
Key Details
Sold Price $3,075,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Old Fourth Ward
MLS Listing ID 7578169
Sold Date 07/09/25
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1975
Annual Tax Amount $33,321
Tax Year 2024
Lot Size 6,490 Sqft
Acres 0.149
Property Sub-Type Other
Source First Multiple Listing Service
Property Description
Great Investment Opportunity in the popular Old 4th Ward Neighborhood of Atlanta. Centralized location that is steps from the Atlanta Beltline Trail and walking distance to nearby restaurants and other amenities. New Publix grocery store coming soon on the same block. Easy access to intown, downtown and I-75/I-85 & I-20.
The property consists of two buildings on two separate parcels (549 & 553 Highland Ave) with a total of 16 units. All units are loft style 1 bed/ 1 bath layouts. The property was recently renovated throughout allowing for turn-key easy ownership.
7.34% cap rate based on 12 month P&L
Location
State GA
County Fulton
Area Old Fourth Ward
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Parking Features Varies by Unit
Fence Fenced
Community Features Other
Utilities Available Electricity Available, Sewer Available, Water Available, Other
Waterfront Description None
View Y/N Yes
View Other
Roof Type Other
Accessibility None
Handicap Access None
Total Parking Spaces 9
Private Pool false
Building
Lot Description Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Other
Construction Status Updated/Remodeled
Schools
Elementary Schools Hope-Hill
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004600061611
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Bought with Bull Realty, Inc.
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