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$295,000

663 Magnolia Street Nw
Atlanta, Georgia 30314

Under Contract / MLS #7493893 / Multiple Unit (2-4) / Vine City
Listing information updated 12/6/2024 at 2:22pm
Attention Investors! This cash-flowing property boasts a 6.7% cap rate and is perfectly situated in the heart of Historic Vine City, steps from Mercedes-Benz Stadium and close to Atlanta's premier attractions, including HBCUs, Vine City MARTA, Castleberry Hills, Centennial Park, the Georgia Aquarium, Georgia Tech, and the new 16-acre Rodney Cook Sr. Park. With Atlanta's ongoing growth and redevelopment, this low-maintenance investment is primed for success. Currently operating as a Section 8-approved rental, the property features a newer roof, laminate flooring throughout, and low landlord expenses, ensuring easy cash flow with a tenant already in place. Take advantage of the high demand for housing in one of the city's most rapidly evolving neighborhoods. Sold As-Is with tenant in place-please do not disturb the tenant. Don't let this prime investment opportunity pass you by!
Exterior Type:
Aluminum Siding,Vinyl Siding
Cooling System:
Central Air
Heating System:
Natural Gas
Pool:
No
Age:
26 years
Roof Type:
Composition,Shingle
Parking Type:
Parking Lot
Square Feet:
N/A
Acreage:
0.1
Tax Amount:
$4,168
Tax Year:
2024
Zip Code:
30314
City:
Atlanta
County:
Fulton - Ga
Elementary School:
M.r. Hollis Innovation Academy
Middle School:
M.r. Hollis Innovation Academy
High School:
Booker T. Washington

Listing Office: Berkshire Hathaway HomeServices Georgia Properties

Listing Office Phone: 404.537.5200

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$211,264
Average Sale Price
73
Average Days On The Market
89%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 663 Magnolia Street Nw, Atlanta, GA 30314

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663 Magnolia Street Nw is a multiple unit (2-4) currently listed at $295,000. This multiple unit (2-4) has been listed on Ansley Real Estate Christie's International since December 4th, 2024 and was built in 1998. Nearby schools include M.r. Hollis Innovation Academy and Booker T. Washington.