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581 Martin ST SE Atlanta, GA 30312
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Key Details
Sold Price $1,295,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Summerhill
MLS Listing ID 6899886
Sold Date 03/04/22
Construction Status Resale
HOA Y/N No
Year Built 2001
Annual Tax Amount $7,839
Tax Year 2020
Lot Size 6,403 Sqft
Acres 0.147
Property Description
Irreplaceable 6 Unit Asset/Multi-Family in the Heart of Summerhill. Easy Cash Flow w/ long term rental growth in developing neighborhood as Carter Development & GA State contitune to Develop and add Infrastructure one block away. 5 Completely Renovated Units w/ New Kitchens Featuring Granite Countertops, Custom White Shaker Cabinets, SS Appliances, Hardwood Floors Throughout, Stackable Washer/Dryers. Renovated Bathrooms All units have Covered Back Deck/Porch. Perfect for a First time investor getting into Multi-Family Sector, AirBnB. 1031 Exchange, or Seasoned Investor looking for Cash Flow. Potential Buyer can Purchase "Clean LLC/Entity" to Help Absorb the possible increase on Property Taxes. Atlanta Housing Authority Approved & can be transferred to New Owner. All Separate Metered except water. One Block away from Shops, Restaurants. Mins from GA State Stadium & Grant Park/Beltline Access, Atlanta Airport & Downtown Atlanta . Close to I-20 & I-75/85.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Electric, Heat Pump
Cooling Ceiling Fan(s), Central Air
Window Features Insulated Windows
Exterior
Garage None
Fence Fenced
Community Features Near Beltline, Near Marta, Near Shopping, Near Trails/Greenway, Park, Public Transportation, Restaurant, Sidewalks, Street Lights
Utilities Available Cable Available, Phone Available, Sewer Available, Underground Utilities, Water Available
Waterfront Description None
View City, Other
Roof Type Composition
Accessibility None
Handicap Access None
Building
Lot Description Level, Private, Other
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Cement Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Parkside
Middle Schools Martin L. King Jr.
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 005300100922
Special Listing Condition None
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Bought with Non FMLS Member
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