969 Piedmont Avenue NE, Atlanta GA 30309


Midtown, Midtown GA

Price
$2700000

Taxes:

HOA:

Days on market:

MLS #:

$20,412 / Year
-
112
7100016
Description

Location, Location, Location. These TWO properties present an investor the opportunity to purchase 2 stabilized properties in an unmatched location in the heart of Midtown. 969 & 971 Piedmont Ave NE consist of one quadraplex and one triplex (2 parcels), 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.

Property Information
Summary
    • Year Built: 1920

    • Tax ID: 17-0106-0012-028-4

    • County: Fulton

    • City: Atlanta

Parking Features
    • Parking Lot

    • Paved

Amenities
    • Washer / Dryer

    • Pool

    • Near Beltline

    • Near Marta

    • Park

Schools
    • Elementary School: Springdale Park

    • Middle School: David T Howard

    • High School: Midtown

Listing provided by: Bull Realty, Inc.

Trent Aldridge

Broker

Requesting a Viewing

Requesting a Viewing for 969 Piedmont Avenue NE

Neighborhood Statistics

Midtown


Available Properties

Average Home Price

Average Condo Price

Average Townhome Price

25

$1,399,692

$247,450

$1,265,000

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