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$939,000

982 N Highland Avenue NE
Atlanta, GA 30306

For Sale|Multi-Family|Active
Subdivision:
Virgina Highland
County:
Fulton

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770-851-9719
982 N Highland Avenue NE982 N Highland Avenue NE982 N Highland Avenue NE982 N Highland Avenue NE
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Rare purchasing opportunity - Well maintained, fully leased, turnkey multi-family property in 'Golden Goose' location, in the heart of Virginia Highlands. • Fully legal triplex - Built in 1914, fully renovated in 2001. • Seller has not had one day of vacancy in any unit nor one late rent payment in its six years ownership. • Seller, during its ownership, has removed multiple older trees that threatened the property and made several capital improvements - there is currently no deferred maintenance of any sort due to the property. • Leases coming up for renewal in October / November; rents can easily be increased by $250 to $325 per month. A $3k increase in annual revenue adjusts the cap rate to 5.8% and a $4k increase in annual revenue adjusts the cap rate to 5.9%. • Please do not disturb tenants - no showings until after under contract for inspection / due diligence. • Please email listing agent for additional details. No showings until binding PSA and EM deposit have been received.

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Listing Snapshot
Price
$939,000
Days Online
28 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Partial Baths
N/A
Lot Size
0.1481 Acres
Year Built
1914
MLS Number
6771969
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
2 weeks agoPrice changed to $939,000
3 weeks agoStatus changed to Active
3 weeks agoStatus changed to Pending
4 weeks agoListing first seen online
General Features
Construction
BlockFrameOther
Lot
Sloped
Parking
DrivewayVaries by Unit
Sewer
Public Sewer
Special Circumstances
Investor Owned
Owner Financing
No
Property Condition
Resale
View
CityOther
Interior Features
Cooling
Central Air
Heating
Central
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Exterior Features
Construction
BlockFrameOther
Fencing
Back Yard
Roof
Composition
View
CityOther
Community Features
Dock
None
Lake Name
None
Community Amenities
Near ShoppingParkRestaurantSidewalksStreet Lights
Accessibility Features
None
Security Features
None
Schools
School District
Unknown
Elementary School
Morningside-
Middle School
David T Howard
High School
Grady
Listing Provided Courtesy Of: Anil Vaswani of Keller Wms Re Atl Midtown

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Neighborhood & Commute
Source: Walkscore
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