969 Piedmont Avenue NE

Midtown, Atlanta, GA 30309
$2,700,000

Property Details

969 Piedmont Avenue NE

Listing #7100016

Location, Location, Location. This property presents an investor the opportunity to purchase two stabilized properties in an unmatched location in the heart of Midtown. 969 & 971 Piedmont Ave NE consist of one quadraplex and one triplex, located just a few steps from Piedmont Park near the corner of 10th & Piedmont. Within walking distance are several restaurants and shops, the Fox Theatre, the Midtown MARTA transit station, and the Midtown Financial District. The area draws tenants from its proximity to Georgia Tech, Georgia State University, The High Museum, SCAD and other numerous cultural activities. Midtown has steadily remained one of the strongest rental markets in Metro Atlanta. Both properties were recently renovated. All units have central HVAC, dedicated laundry and dedicated/private surface parking in the rear. All units are currently 100% occupied with long term (~1 year) leases generating strong income. Huge upside potential as an Airbnb property with the right licenses and approvals. Future redevelopment potential with surrounding properties given the current underutilization of this A+ location.

Exterior Details

Built In1920
StoriesTwo
ParkingParking Lot, Paved
ServicesNear Beltline, Near Marta, Park
SewerPublic Sewer
Lot Dimensionsx
Acres0.1207

Location

Subdivision Midtown
Zip Code 30309
City Atlanta
County Fulton

Schools

Elementary Springdale Park
Junior David T Howard
High Midtown

First Multiple Listing Service

Listing Provided Courtesy Of: Bull Realty, Inc.

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Data Last updated on September 27, 2022 1:18pm