UPDATED:
10/11/2024 06:37 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Midtown
MLS Listing ID 7469200
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1920
Annual Tax Amount $12,539
Tax Year 2023
Lot Size 8,459 Sqft
Acres 0.1942
Property Description
Introducing 856 Monroe Dr., a prime investment opportunity in the heart of Atlanta! This fully-leased triplex offers 100% occupancy, providing stable, immediate cash flow. The property includes two spacious 2-bedroom, 1-bath including 1 spacious 2 story unit, and one charming 1-bedroom, 1-bath unit, each featuring stunning period details that attract tenants looking for both style and space.
With a parking lot for 6 cars, this property provides a rare convenience in such a desirable location. While the units are in great condition, there’s significant upside potential for luxury rentals with cosmetic upgrades. Located just steps from Piedmont Park, the Beltline, and Atlanta’s top shopping and dining options, 856 Monroe Dr. offers a fantastic opportunity for both current income and future growth!
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central
Cooling Central Air
Window Features None
Exterior
Garage Parking Lot
Fence None
Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 6
Private Pool false
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame
New Construction No
Construction Status Resale
Schools
Elementary Schools Virginia-Highland
Middle Schools David T Howard
High Schools Midtown
Others
Senior Community no
Tax ID 14 004800030515
Special Listing Condition None
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