UNBEATABLE INTOWN ATLANTA MULTIFAMILY INVESTMENT IN VIRGINIA-HIGHLAND!Rare opportunity to acquire an income-producing 5-plex with exceptional structural bones in one of Atlanta's most coveted historic neighborhoods. Situated on a beautiful corner lot featuring tree-lined streets, sidewalks, and streetlights, this property offers the ultimate Intown location. Residents are just around the corner from the iconic Ponce City Market and the vibrant Atlanta BeltLine Eastside Trail, putting world-class dining, shopping, and recreation right at their doorstep.EXCELLENT STRUCTURAL BONES & LOW-MAINTENANCE EXTERIORInvestors will appreciate the low-maintenance, high-durability exterior features designed to protect your bottom line. The building boasts ?significantly reducing ongoing maintenance costs and capital expenditure worries.VERSATILE UNIT LAYOUTS WITH HISTORIC CHARM & VALUE-ADD POTENTIALThe interior presents 5 units with varying sizes and degrees of TLC needed per unit, This allows a new owner to renovate each unit one at time while rapidly capture market-rate rents as they go along with the renovations. Approximately 4,000+ total sqft according to Cuba Casa floor plans.Unit 1 & Unit 4: These spacious units are packed with historic character, featuring original hardwood floors, classic original bathroom tile, and charming fireplaces. Unit 1 retains timeless original plaster details in the living room.Units 2 & 3: Conveniently located in the basement level, offering a cozy footprint.Unit 5 (The Loft): Positioned above Unit 4, this unique space features a smart 1-bedroom open-concept living and kitchen combo layout.Flexible Rental Strategy: For maximum rental yield flexibility, Unit 4 and Unit 5 can be easily leased together as a single expansive residence or kept completely separate to maximize independent income streams.PROPERTY AMENITIES, PARKING, & TOP-TIER SCHOOLSA dedicated shared laundry room is located in the basement, providing a highly desired amenity for all residents and an opportunity for additional coin or digital laundry revenue. The property features convenient alleyway access leading to four dedicated parking slots in the rear, plus ample neighborhood street parking.Adding to the exceptional long-term equity and resale value, this property is situated in the highly desirable Atlanta Public Schools Midtown Cluster, zoned for Virginia-Highland Elementary, David T. Howard Middle School, and the award-winning Midtown High School.Whether you are executing a classic value-add renovation, looking for a premium 1031 exchange asset, or building a long-term buy-and-hold real estate portfolio, this 5-unit multifamily property delivers unmatched location-driven value. Capitalize on strong, steady rental demand driven by immediate proximity to Midtown Atlanta, Piedmont Park, the Old Fourth Ward, and major employment hubs. Properties of this scale and caliber in this exact pocket of Virginia-Highland rarely hit the market. Schedule a property tour today to explore the footprint, layout, and incredible income potential of this premier Intown real estate asset. Sold as-is.
Listed By
Agency Name: Keller Williams Realty Atl Partners
Agency Phone: 770-632-1112
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 3,689.15 per month $2,225.57 Principal & Interest $1,171.92 Property Tax $291.67 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
811 Saint Charles Avenue Ne | MLS# 7791886
This multi-family property located at 811 Saint Charles Avenue Ne, Atlanta, GA 30306 is currently listed for sale with an asking price of $1,000,000. Saint Charles Avenue Ne is located within the Virginia-Highland - Midtown school district. Search Atlanta real estate on www.clhomes.com today.