Price Reduction - Views
Address
314 Fifth Street, Atlanta, GA
Price
$ 2,150,000
Property Attributes
  • MLS#7323739
  • TypeMulti-Family
  • CountyFULTON
  • CityAtlanta
  • Zip30308
  • Style
  • Year Built1979
  • Taxes$ 23994
  • Price$ 2,150,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms0
Data Source:
First Multiple Listing Services (FMLS)
Property Description

Amazing Investor Opportunity, in the heart of the Midtown Garden District. This is an 8-unit Multi-Family Apartment building with upscale interior and exterior renovation and 100% leased apartment complex situated on Fifth St in midtown. The building features six 1/1's (3 of which have a bright sunroom), one 2/1 with a sunroom, and one studio unit. All units features new kitchens with SS appliances and granite countertops and each unit has its own stackable Washer/Dryers in the kitchen, renovated Bathrooms, new paint and flooring. Building has padded lock entry, front enclosed area with outdoor spaces, back units have private decks/patios. Building has three off-street concrete pad dedicated parking spaces. All units separately metered for Gas and Power. Google Fiber available. Great short term rental opportunities, corporate housing, or Airbnb potential. Minutes to Piedmont Park, Midtown, Downtown, and Atlanta Beltline.

Elementary School Middle School High School
Springdale Park Elementary School David T Howard Middle School Midtown High School
Price History
2/13/2024 Listed $2,300,000
2/25/2024 3% - $2,250,000
2/28/2024 3% - $2,200,000
3/30/2024 3% - $2,150,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Water Available
Possession Close Of Escrow
Roof Shingle
Security Features None
Construction Materials Brick 4 Sides,Shingle Siding
Year Built 1979
View City
Levels Two
Property SubType Other
Tax Year 2023
Gross Income 171040
Waterfront Features No
Community Features Near Beltline,Near Marta,Near Schools,Park
Accessibility None
County Fulton - GA
Net Operating Income 131678
Operating Expense 39362
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name NA
Green Energy Generation None
Status Active
Directions Use Google Maps
High School Midtown
City Atlanta
Body of Water None
Total Units 8
Street Name Fifth
Elementary School Springdale Park
Property Attached Y/N No
Tax Annual Amount 23994
Home Warranty Y/N No
Middle/Junior High School David T Howard
Property Condition Updated/Remodeled
Virtual Tour https://www.youtube.com/watch?v=X_-E1c5W_qo
Days on Market 47
Standard Status Active
Occupancy Description Tenant
Tax Lot 7
Cap Rate 5.72
Legal Description NA

Interior Features

Flooring Hardwood,Vinyl
Furnished Y/N Unfurnished
Window Features None
Street Suffix Street

Exterior Features

Fencing Fenced,Front Yard
Parking Features Varies by Unit
Lot Features Corner Lot
Water Source Public
Total Parking 3
Lot Dimensions x
Lot Size Source Not Available

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 30308

Statistics provided by Inside Real Estate

Price
AVG $1.15M
$2.15M
Taxes
AVG $10,060
$23,994
Visits
AVG 135
117
Data Provided by Inside Real Estate®
Year Built
AVG 1946
1979

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