758 Saint Charles Avenue Ne, Atlanta, GA

$1,050,000

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0.22

Acres

About 758 Saint Charles Avenue Ne

Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 5 units are currently rented and 1 is vacant and advertised on the rental market. Updated gross monthly income is $7090/month when all units are occupied Projected gross monthly income when 3 current lease terms have been renewed at current market rate is $7240. Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and accounts are in tenants' names and paid by tenants. One water meter for the building and tenants pay a flat monthly water fee on top of rent. Seller recently replaced water line and sewer main from meter to building and repaired concrete walkways. Showings of occupied units will only be scheduled during due diligence after an offer is accepted. Apartment 4 is vacant and can be shown by appointment. Please do not disturb tenants.

Features of 758 Saint Charles Avenue Ne

MLS® # 10542152
Price $1,050,000
Bathrooms 0.00
Acres 0.22
Year Built 1953
Type Residential Income
Status Active
Basement No

Community Information

Address 758 Saint Charles Avenue Ne
Subdivision Virginia Highland
City Atlanta
County Fulton
State GA
Zip Code 30306

Amenities

Utilities Sewer Connected, Electricity Individual Meters, Gas Individual Meters
Parking Spaces 1
Parking None
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Electric, Other
Has Basement No
Basement None
Fireplace No
Stories One

Exterior

Construction Brick

School Information

Elementary Springdale Park
Middle David T Howard
High Midtown

Additional Information

Days on Market 120
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRealty Associates Of Atlanta

Listing Map

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