294 Penelope Drive 294 Penelope Drive Atlanta, Georgia 30314 United States
294 Penelope Drive Atlanta, Georgia 30314 United States
$3,000,000
- 1.13 Acres
- Exterior
- Other
- Property type
- 1969
- Year Built
- 7090963
- Web Id
- 7090963
- MLS ID
- Penelope Neighbors
- Subdivision
- 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
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
