Engel & Völkers Atlanta

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$ 1,125,000

$ 1,200,000 6.3%

Est. payment -/mo

Sold on 03/14/2022

978 Myrtle ST NE Atlanta, GA 30309

Name: Open House - 2PM-4PM
Start: 2025-06-28T14:00:00.000Z
End: 2025-06-28T16:00:00.000Z
Location: 3011 Stillwater DR, Villa Rica, GA 30180

5,662 Sqft Lot

UPDATED:

Key Details

Sold Price $1,125,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Na

MLS Listing ID 6997394

Year Built 1920

Annual Tax Amount $8,138

Tax Year 2021

Lot Size 5,662 Sqft

Property Sub-Type Quadruplex

Property Description

Opportunity to acquire a 4-unit multifamily complex located in a fantastic location in the heart of Midtown, Atlanta, adjacent to Piedmont Park. The offering includes (3) 1 bed/1 bath, and (1) 2 bed/1 bath units. This is a value-add opportunity, with upside potential for new owner to continue to push rents with cosmetic improvements in two of the units. With a strong 100% occupancy rate, the property offers a great opportunity for investors in one of the hottest markets of the city.

All units have in-unit washer/dryer, dishwashers, and individual central HVAC with exception of rear unit which has central heat and window AC. The property also features a private courtyard with firepit, and 2-3 gated, off-street parking spaces for tenants to utilize.