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529 Atwood ST SW Atlanta, GA 30310
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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,602 sqft
Price per Sqft $108
MLS Listing ID 10383777
Sold Date 03/26/25
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1930
Annual Tax Amount $1,261
Tax Year 2022
Lot Size 7,492 Sqft
Acres 0.172
Lot Dimensions 7492.32
Property Sub-Type Commercial
Property Description
5 -unit multifamily apartment located in the West End, just steps from the Beltline. The property consists of 4 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 efficiency unit, generating $75,000 in annual gross rent. The landlord covers all utilities, including water, electric, and gas. With a nearby property recently selling for $200,000 per unit, this apartment offers strong rental income and significant upside potential in a rapidly appreciating neighborhood. Additionally, the land at the rear of the property provides an opportunity to build an additional building or accessory dwelling unit, offering further development potential for future value growth.
Location
State GA
County Fulton
Zoning R5
Interior
Heating Central
Cooling Electric
Fireplace No
Exterior
Parking Features Other
Utilities Available Electricity Available, Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description Level, Near Public Transit
Faces GPS Friendly
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Others
Tax ID 14 014000090185
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Resale
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