294 Penelope Drive NW, Atlanta, Fulton County, GA, 30314 Atlanta GA US

USD 3,000,000
For Sale MLS: 10104410

Property Details

Bedrooms

3

Bathrooms

4

Neighborhood

Penelope Neighbors

Property Type

MultiFamily

Description

Solid 20-unit multifamily investment opportunity close to transportation and shopping. One block from West Lake Marta station, two blocks to I-20. All apartments are 2 bed 1 bath and there is ALWAYS an abundance of ready, willing, and able tenants. Current owners have replaced more than half of the HVAC systems and twelve of the homes have been updated in last 3 years. 4 sides brick is easy to maintain. Plenty of off-street parking. This gem is 6 min to the Westside Reservoir Park, 9 min to Mercedes-Benz Stadium, 6 min to Lee+White/Westside Beltline, 13 min to Hartsfield-Jackson Atlanta Aiport (or just 11 train stops). The possibilities are endless with this one - buy and hold in it's current state while the surrounding neighborhood continues to appreciate, do some light renovations to command higher rents, or complete an entire overhaul and really max out on your cashflows! Find out more about this property. Request details here

Location

Address

294 Penelope Drive Northwest, Atlanta, Georgia 30314, United States

City

Atlanta

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