New FOR SALE
$3,000,000

294 Penelope Drive NW
Atlanta, GA 30314

Other
Residential Income
1.13
Acre Lot
Lot Size Source:
n/a
1of
Photos
Map
Courtesy: Engel & Volkers Atlanta
FMLS> Georgia> Atlanta> 30314
Solid 20-unit multifamily investment opportunity close to transportation and shopping. One block from West Lake Marta station, two blocks to I-20. All apartments are 2 bed 1 bath and there is ALWAYS an abundance of ready, willing, and able tenants. Current owners have replaced more than half of the HVAC systems and twelve of the homes have been updated in last 3 years. 4 sides brick is easy to maintain. Plenty of off-street parking. This gem is 6 min to the Westside Reservoir Park, 9 min to Mercedes-Benz Stadium, 6 min to Lee+White/Westside Beltline, 13 min to Hartsfield-Jackson Atlanta Aiport (or just 11 train stops). The possibilities are endless with this one - buy and hold in it's current state while the surrounding neighborhood continues to appreciate, do some light renovations to command higher rents, or complete an entire overhaul and really max out on your cashflows!
7118632
Other, 2 Story
Fulton
1969
1.13 Acres
n/a
Public
2
Brick
Public Sewer
Penelope Neighbors
20 Total
%, 2.5
School Information
Woodson Park Academy
John Lewis Invictus Academy/Harper-Archer
Frederick Douglass
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