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$ 3,800,000
Est. payment /mo
Active
2129 Martin Luther King Jr Atlanta, GA 30310
29,296 SqFt
UPDATED:
12/03/2024 06:06 AM
Key Details
Property Type Commercial
Sub Type Commercial,Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 29,296 sqft
Price per Sqft $129
MLS Listing ID 10415576
HOA Y/N No
Originating Board Georgia MLS 2
Year Built 1960
Annual Tax Amount $54,113
Tax Year 2023
Lot Size 1.270 Acres
Acres 1.27
Lot Dimensions 1.27
Property Description
Investment opportunity awaits with this well-maintained, 36-unit apartment complex situated in the heart of Atlanta's bustling Westside. Located just minutes from downtown, this property offers easy access to major highways, public transportation, and the Atlanta BeltLine. Each of the 36 units features spacious floor plans, modern appliances, and desirable amenities, making it a highly attractive option for renters. The building is fully leased, generating steady rental income with room for potential rent increases in the growing neighborhood. This area is undergoing significant revitalization, offering great upside for investors. **Key Features:** - **36 units** with a mix of 1-bedroom and 2-bedroom floor plans - On-site parking for residents - Laundry facilities on-site - Recently updated common areas and exterior - Proximity to popular areas like West End, Mercedes-Benz Stadium, and Morehouse College - Easy access to I-20 and public transportation - Huge potential for rental income growth in this high-demand area This property is ideal for investors seeking a turn-key rental portfolio or those looking to reposition and add value. Don't miss out on this rare opportunity to own a multi-family asset in one of Atlanta's most dynamic neighborhoods.
Location
State GA
County Fulton
Zoning Res
Interior
Heating Electric
Cooling Window Unit(s)
Flooring Laminate
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available
View Y/N No
Roof Type Composition
Garage No
Private Pool No
Building
Lot Description Level
Faces USE GPS
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction No
Others
Tax ID 14 018000120249
Special Listing Condition Resale
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