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3 Units in the heart of O4W 494 Winton Ter NE 3 Unit Apartment Building $875,000 ($291,667/Unit) Atlanta, GA 30308
Investment Highlights
- Prime location in Historic Old Fourth Ward near Beltline
- Large lot with dual street frontage and off-street parking
- Strong income stream with full occupancy
- Walking distance to Ponce City Market and major attractions
- Two units recently renovated; all units feature central HVAC
Executive Summary
- Great location in the heart of O4W
- Walking distance to Ponce City Market, Eastside Beltline Trail and more
- Adjacent to a city park
- Large lot for potential redevelopment of two properties- fronts both Winton Terrace and Morgan Street
- Large gravel area in rear (plenty of off-street parking)
- Monthly gross income: $5450/month
- 2/3 units recently updated
- All units have central HVAC
- 100% Occupancy
- Walking distance to Ponce City Market, Eastside Beltline Trail and more
- Adjacent to a city park
- Large lot for potential redevelopment of two properties- fronts both Winton Terrace and Morgan Street
- Large gravel area in rear (plenty of off-street parking)
- Monthly gross income: $5450/month
- 2/3 units recently updated
- All units have central HVAC
- 100% Occupancy
Property Facts
| Price | $875,000 | Building Class | C |
| Price Per Unit | $291,667 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,788 SF |
| No. Units | 3 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Garden | ||
| Zoning | RG-4 - RG-4 | ||
| Price | $875,000 |
| Price Per Unit | $291,667 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,788 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | RG-4 - RG-4 |
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Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (86)
Property Taxes
| Parcel Number | 14-0047-0003-095-3 | Improvements Assessment | $179,160 |
| Land Assessment | $74,200 | Total Assessment | $253,360 |
Property Taxes
Parcel Number
14-0047-0003-095-3
Land Assessment
$74,200
Improvements Assessment
$179,160
Total Assessment
$253,360
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3 Units in the heart of O4W | 494 Winton Ter NE
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