This prime investment property in Virginia Highland offers a fantastic opportunity to generate income in one of Atlanta's most desirable neighborhoods. The main house features three rental units: a 1/1 with a long-term tenant, a 2/1 furnished unit currently listed on Airbnb as a short-term rental, and another 2/1 with a long-term tenant. In the backyard, you'll find a beautiful, fully furnished two-story carriage house (1/1) also rented out on Airbnb. The property has been well-maintained, with a new roof installed in February 2021 and all appliances in Units 1 and 3 replaced in 2021. Units 2 and 4 come fully furnished, making them turnkey for short-term rental use. Additionally, the property offers shared laundry facilities, two parking spaces behind the house with alley access, and additional parking in the front driveway. The location is unbeatable, with easy access to the Beltline, Virginia Highland Village, and key grocery stores like Publix, Whole Foods, and Trader Joe's. With a combination of long-term and short-term rentals, this property is a great opportunity for steady cash flow and long-term investment in a highly sought-after area.
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Listing Snapshot
Price
$1,300,000
Days On Site
70 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2066 Acres
Year Built
1920
MLS® Number
7481853
Status
Active
Property Tax
$11,348
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Price changed to $1,300,000
a month ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
0.2066
Number Of Stories
2
Parking
DrivewayVaries by Unit
Parking Spaces
2
Property Sub Type
Quadruplex
Sewer
Public Sewer
Stories
Two
Utilities
Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater Available
Water Source
Public
Interior Features
Cooling
Central AirMulti UnitsWall Unit(s)
Flooring
Ceramic TileHardwood
Furnished
Furnished
Heating
CentralForced AirNatural Gas
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Exterior Features
Construction Details
Frame
Fencing
Back YardFenced
Lot Features
LevelPrivate
Roof
Shingle
View
City
Waterfront Features
None
Waterview
City
Community Features
Community Features
ParkRestaurantSidewalksStreet Lights
Financing Terms Available
1031 ExchangeCashConventional
Schools
School District
Unknown
Elementary School
Springdale Park
Middle School
David T Howard
High School
Midtown
Listing Provided Courtesy Of: Ashley Bynum of Ansley Real Estate| Christie's International Real Estate ashleyb@ansleyre.com
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