711 NE Argonne Avenue, Atlanta, Georgia 30308

$1,515,000
List Price
$1,515,000
MLS#
5964695
Status
ACTIVE
Type
Multifamily
Subtype
Other
Subdivision
Midtown
Basement
Yes

Property Description

711 Argonne Avenue is a charming 10 unit apartment building that has undergone an exterior renovation with some interior improvements and all new split system HVAC units. The property features identical 1 bedroom / 1 bathroom floor plans. It is situated in a highly desirable in-town neighborhood within walking distance to Piedmont Park and the popular Midtown restaurant and shopping district. High barriers to entry and low vacancy have resulted in rising rents making Midtown one of the most sought after neighborhoods in Atlanta. 100% occupied. 6% Cap Rate.

Additional Information

Region
Atlanta North
Construction
Brick & Frame, Brick 4 Sides
Year Built
1960
Neighborhood Amenities
None
Roof
Shingle
Lot Dimensions
115x75x112x80
Parking
Parking Lot
Lot Desc
Fenced, Level
Water
Public Water
Sewer
Public Sewer
Energy Features
Other
Elementary School
Springdale Park
Middle School
Inman
High School
Grady
Units
10
Net Operating Income
$90,456
Taxes
$13,981

Listing courtesy of Bull Realty Inc..

board logoListings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2018 FMLS. Last updated

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks