BEDS0
BATHS
MLS#10688959
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAshview Heights
NEIGHBORHOODAtlanta
Property Description
Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Heating: Central
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $8,203
Year Built: 2003
Feature Descriptions
Days on Site: 33
Exterior: Block
Parking Notes: Side/Rear Entrance
Sewer: Public Sewer
Units: 9
Water: Public
Local Schools
High School: Booker T Washington
Middle School: Brown
Elementary School: Jones
Listed By / Shown By
Listed By
Agency Name: Fleur De Lee Realty
Agency Phone: 678-488-8650
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: GAMLS
Estimate Your Payment
Estimated Payment
$ 2,193.90 per month $1,335.32 Principal & Interest $683.58 Property Tax $175.00 Homeowner's InsuranceChange Payment Information
Crye-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 3,200+ 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.
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969 Palmetto Avenue Sw | MLS# 10688959
This multi-family property located at 969 Palmetto Avenue Sw, Atlanta, GA 30314 is currently listed for sale with an asking price of $599,990. Search Atlanta real estate on www.clhomes.com today.