About 550 Joseph E Lowery Boulevard Nw
THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts @ $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property’s overall market appeal. Property being Sold “AS IS”. THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!
Features of 550 Joseph E Lowery Boulevard Nw
| MLS® # | 7538395 |
|---|---|
| Price | $875,000 |
| Bathrooms | 0.00 |
| Acres | 0.40 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
| Has Master On Main | No |
| Basement | No |
Community Information
| Address | 550 Joseph E Lowery Boulevard Nw |
|---|---|
| Subdivision | Subdivision/Er Elliott Prop |
| City | Atlanta |
| County | Fulton - GA |
| State | GA |
| Zip Code | 30314 |
Amenities
| Utilities | Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Parking Spaces | 7 |
| Parking | Parking Lot, Paved |
| View | Other |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
Interior
| Heating | Electric, Forced Air |
|---|---|
| Cooling | Central Air, Electric |
| Has Basement | No |
| Fireplace | No |
| Stories | Two |
Exterior
| Lot Description | Level |
|---|---|
| Windows | Double Pane Windows, Wood Frames |
| Roof | Composition, Shingle, Tar/Gravel |
| Construction | Brick 4 Sides |
School Information
| Elementary | M. A. Jones |
|---|---|
| Middle | Fulton - Other |
| High | Booker T. Washington |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Homesmart Realty Partners |
|---|