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

$3,000,000
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Listing Courtesy of Engel & Volkers Atlanta
$3,000,000
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1.13 Acres
Exterior
Other
Property type
1969
Year Built
7090963
Web Id
7090963
MLS ID
Penelope Neighbors
Subdivision
Atlanta City
School District
Woodson Park Academy
Elementary
John Lewis Invictus Academy/Harper-Archer
Middle
Frederick Douglass
High
16
days ago

About 294 Penelope Drive

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!
Status: Active

Last Updated on: 07/29/2022

Amenities

  • Carpet

features

cooling
Electric, Gas, Central Air
Parking
Parking Lot

PROPERTY INFORMATION

Cooling
Central Air
Heating
Central
Parking Description
Parking Lot, Paved
Sewer
Public Sewer
View
City, Trees/Woods
Water
Public

EXTERIOR

Construction
Brick 4 Sides
Lot Description
Corner Lot
Roofing
Shingle

INTERIOR

Flooring
Carpet, Vinyl

ADDITIONAL INFORMATION

Number of Units
20
Listing Courtesy of Engel & Volkers Atlanta
Advertiser Logo
Listing Courtesy of Engel & Volkers Atlanta
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