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134 Peachtree Hills Avenue Ne
Atlanta, GA 30305

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Property Details


List Price: $825,000
Beds: --
Baths: --
Status: Active
SqFt: --
Agency: Atlanta Fine Homes Sotheby's International Realty

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Description/Comments


Lot Size: --
Property Type: MultiFamily
Year Built: 1920
Notes: Fantastic investor opportunity awaits with this rare, fully furnished, multifamily gem nestled in the highly sought-after Peachtree Hills neighborhood! This triplex, coupled with a bonus studio apartment situated above the garage, presents an ideal chance to generate passive income while accruing equity in the coveted Buckhead locale. Tailored for investor buyers seeking to capitalize on lucrative rental prospects, this property offers three side-by-side units in the main house, each boasting one bedroom, one full bath, and fully equipped kitchens. Unit 1 has its own washer/dryer while Units 2-4 share the washer/dryer located in the garage outbuilding. Unit 4, a carriage house studio unit equipped with its own kitchen, full bath, and laundry facilities below, adds to the income potential, commanding a total long term rental income of $6,000/month across all 4 units. Property has had incredible success as a furnished short or mid-term rental for travel nurses at Piedmont and Emory, students at area universities, or temporary employee housing, with potential of $8,000+ per month.<br /> <br /> This property's 1,623 total square feet includes 3 units in the main building (Unit 1 is 650 SF, Unit 2 is 364 SF, Unit 3 is 321 SF, and Unit 4 / Carriage House is 288 SF. Beyond its rental appeal, this property features a spacious backyard with ample room for parking, enhancing its attractiveness to both tenants and investors. Positioned in close proximity to an array of amenities such as restaurants, shopping centers, schools, interstates, the future Peachtree Hills Beltline entrance, parks, and more.<br /> <br /> Whether you're a seasoned developer or a savvy investor looking to expand your portfolio, this property offers limitless potential. From unit consolidation and remodeling to new construction, the possibilities abound. Don't miss out on this prime investment opportunity in one of Atlanta's most desirable neighborhoods.
MlsNumber: 7353689


Listing Provided By: Atlanta Fine Homes Sotheby's International Realty, original listing
Name: Atlanta Fine Homes Sotheby's International Realty
Phone: (404) 835-9601
Office Name: Atlanta Fine Homes Sotheby's International
Office Phone: (404) 874-0300
Agent Name: Carson Cowan
Disclaimer: Copyright © 2024 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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