Bought with Devante Smith • Keller Williams Atl. Midtown
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Key Details
Sold Price $510,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10335021
Sold Date 07/31/24
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $3,577
Tax Year 2023
Lot Size 8,058 Sqft
Property Description
Welcome to 389 Glenn St SW, an exceptional income-producing quadruplex in the heart of Atlanta. This property boasts four spacious units, each featuring 2 bedrooms and 1 bathroom, offering an excellent investment opportunity. Currently tenant-occupied, ensuring immediate rental income. Situated near the beautiful Rosa L. Burney Park, residents can enjoy amenities like a recreation center, pool, playground, and basketball court. The property is conveniently close to MARTA, historic Castleberry Hill, Mercedes-Benz & State Farm Arenas, Centennial Olympic Park, and Georgia State University. Additionally, it's near prestigious HBCUs, including Clark Atlanta University, Spelman, and Morehouse College, and just a 15-minute drive to Atlanta Airport. Don't miss out on this fantastic opportunity to own a well-located, income-generating property in Atlanta's Mechanicsville neighborhood. Viewings are strictly by appointment, ideally in group settings. The property will be tenant-occupied at the time of sale, with three units occupied and one unit vacant upon closing. Please allow adequate time for scheduling to coordinate with existing tenants. Please do not disturb the tenants.
Location
State GA
County Fulton
Rooms
Basement None
Interior
Heating Electric
Cooling Central Air, Electric
Exterior
Parking Features Parking Pad, Over 1 Space per Unit, Off Street
Garage Spaces 4.0
Community Features Walk To Public Transit, Pool, Walk To Schools, Sidewalks, Street Lights
Utilities Available Sewer Connected, Water Individual Meters, Electricity Individual Meters
Building
Story Two
Foundation Block
Sewer Public Sewer
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Dunbar
Middle Schools Herman J. Russell
High Schools Mh Jackson Jr
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
Special Listing Condition As Is, Investor Owned
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