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1039 Greenwood Ave NE
Atlanta, GA 30306
Multifamily Property For Sale
·
2 Units


Investment Highlights
- Duplex consisting of 1BR/1BA and 2BR/2BA units
- Parking lot in rear with 21 marked spots currently leased to parking lot operator
- Built in 1930, heart pine floors, full kitchens, washer/dryer hookups
- Level 0.231 acre RG2 zoned lot directly behind popular Virginia-Highland bars & restaurants
Executive Summary
Vision Commercial Advisors is pleased to present an opportunity to acquire this strategically located RG2 zoned parcel in the heart of Atlanta’s Virginia Highland neighborhood with a duplex in the front and parking lot in the rear. The duplex, originally constructed in 1930, consists of a 1 bedroom and 1 bath unit, as well as a 2 bedroom and 2 bath unit. Each unit has heart pine floors, a full kitchen and washer/dryer hookups. Street parking and stone's throw away from iconic Virginia-Highland bars and restaurants. Duplex is being sold as-is. The parking lot at the back of the property, which includes 21 marked spaces, is part of the sale and is currently leased to a parking lot operator, generating income.
Property Facts
| Price Per Unit | $725,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 2 | Building Size | 2,268 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1930 |
| Zoning | MR2 - Multifamily | ||
| Price Per Unit | $725,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,268 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Zoning | MR2 - Multifamily |
Property Taxes
| Parcel Number | 14-0016-0005-091-7 | Improvements Assessment | $194,920 |
| Land Assessment | $153,240 | Total Assessment | $348,160 |
Property Taxes
Parcel Number
14-0016-0005-091-7
Land Assessment
$153,240
Improvements Assessment
$194,920
Total Assessment
$348,160
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