Overview
Amenities
Price details
507 Greenwood Avenue,
Atlanta, GA 30308
$1,375,000 $318/sf $27.5K Cash Back*
507 Greenwood Avenue, Atlanta, GA 30308
House for sale9 beds6 baths4,325 Sqft
• Pending
Add Commute
$27.5K Cash Back*
$1,375,000
$27.5K Cash Back*
$317.92/sf
Overview:
• This property has a pending offer.
MIDTOWN 5 UNIT MULTI-FAMILY BUILDING zoned R5. See RINC FMLS 7020448. Three Blocks to Beltline and Piedmont Park. Nestled at the corner of Greenwood and Monroe, 2 Blocks south of Midtown Promenade. Features Three 2/1 Units, One 2/2 Unit, and One 1/1. All of these units are seriously HUGE. Newer systems, Updated kitchens, Newer windows, Roof, and More. The fully functional bathrooms have not been renovated but have a kitschy mid-century feel. Each unit has its own style and a ton of character! Great rental history is currently ready for rental rate increases. All of the tenants are long-term and are holdovers on month-to-month leases at below market. The current gross rental income of $83,820 Annually. Having no rental increases for several years rents can easily be much much more as-is with no improvements. (Market Analysis of neighboring comparable rents suggests that gross income could be just over 100k with an NOI of 97K). Building constructed in 1925 and converted to rental units around 2000. This massive building has been owner-managed since 2006, meticulously maintained, and steadily improved. The owner is selling due to retiring/relocation. Call Bill for full details! (Please do not disturb tenants)
MLS #: 7020500
Facts:
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•Type: House
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•Built in: 1925
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•APN: 14 004800070289
*
Refunds vary by closing price, commission proposed and negotiation process. Discover more on our Terms & Conditions.
Features:
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Flooring: Hardwood
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Hvac: Central AC & Forced Air
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Parking space(s): 5
Next Open house:
Amenities:
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Pets
Pets
Score:
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Soundscore™
Checkout the neighborhood!
Hospital
Pharmacy
Veterinary
Store
Pet Store
Restaurant
Bar
Gym
Parking
Gas Station
Airport
Bank
Bus Station
Fire Station
Police
Post Office
Park
*Data provided by GreatSchools.org © 2023. All rights reserved. The GreatSchools.org rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
Active listing provided by:
Bill Forrest of PalmerHouse Properties, MLS #7020500
Listing Agent Phone #: 404-353-9233
IDX site disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Last Update: 06/13/2022 11:28 PM
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Customer reviews
Marc & Staci K., Loxahatchee, Fl
Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.
Ndakhte N. Oakland Park, FL
Hi Nico and Natalie.. I can't say enough about Beycome and all of the nice service I received. It did sell today for the full asking price less a credit back to the buyer at closing so she'd barely have to come up w/ any money ...
Barbara Bezerra, Miami, FL
The service that was provided by you and you're broker has been outstanding!
Thank you
Rufus H, Ocala, Fl
My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200
Antoni Paris, Jacksonville, Fl
Great experience great service and very professional people thank you very much for your help and I will use your service in the future. Thanks again. Antoni
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