969 Palmetto Sw Avenue, Atlanta, GA 30314
- $599,990
- List Price
- $599,990
- MLS#
- 7715908
- Status
- PENDING
- Type
- Multifamily
- Subtype
- Other
- Lot Size
- 0.1148
- Subdivision
- Ashview Heights
Property Description
Exceptional investment opportunity in Atlanta’s desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you’re expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*
Additional Information
- Stories
- Two
- Construction
- Block
- Year Built
- 2003
- Neighborhood Amenities
- None
- Roof
- Other
- Lot Dimensions
- x
- Parking
- Driveway, Level Driveway
- Lot Desc
- Other
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- M. A. Jones
- Middle School
- Herman J. Russell West End Academy
- High School
- Booker T. Washington
- Acres
- 0.11
- Levels
- Two
- Taxes
- $8,203
Listing courtesy of Fleur De Lee Realty, LLC.
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