Price Reduction
Address
581 Martin St Atlanta, GA
Price
$ 1,310,000
Property Attributes
  • MLS#8825575
  • TypeMulti-Family
  • CountyFULTON
  • CityAtlanta
  • AreaAtsw
  • NeighborhoodSummerhill
  • Zip30312
  • StyleApartments (5+ Units)
  • Year Built2001
  • Taxes$ 7863
  • Price$ 1,310,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2600
  • Lot Size6,403 SqFt
Listing Provided Courtesy Of:
Andy Griffith with Engel & Volkers Atlanta.
Data Source:
Georgia Multiple Listing Service
Property Description

Irreplaceable 6 Unit Asset/Multi-Family in the Heart of Summerhill. Easy Cash Flow w/ long term rental growth in developing neighborhood as Carter Development & GA State contitune to Develop and add Infrastructure one block away. 5 Completely Renovated Units w/ New Kitchens Featuring Granite Countertops, Custom White Shaker Cabinets, SS Appliances, Hardwood Floors Throughout, Stackable Washer/Dryers. Renovated Bathrooms All units have Covered Back Deck/Porch. Perfect for a First time investor getting into Multi-Family Sector, AirBnB. 1031 Exchange, or Seasoned Investor looking for Cash Flow. Potential Buyer can Purchase "Clean LLC/Entity" to Help Absorb the possible increase on Property Taxes. Atlanta Housing Authority Approved & can be transferred to New Owner. All Separate Metered except water. One Block away from Shops, Restaurants. Mins from GA State Stadium & Grant Park/Beltline Access, Atlanta Airport & Downtown Atlanta . Close to I-20 & I-75/85.

Elementary School Middle School High School
Parkside Elementary School King Middle School MH Jackson Jr High School
Price History
7/22/2020 Listed $1,350,000
11/30/2020 2% - $1,325,000
12/8/2020 1% - $1,324,900
1/19/2021 1% - $1,324,500
2/3/2021 1% - $1,320,000
2/23/2021 1% - $1,315,000
4/27/2021 1% - $1,310,000

General Features

Amenities Boat/Camper/Van Prkg, Park, Sidewalks, Street Lights, Walk To Marta, Walk To Schools, Walk To Shopping
Basement Slab/None
Class Multifamily
Construction Concrete Siding
Construction Status Resale
Cooling Ceiling Fan, Central
Cooling Source Electric
Elementary School Parkside
Energy Related None
Heating Central, Heat Pump
Heating Source Electric
High School MH Jackson Jr
Listing Area ATSW
Middle School King
Multi Type Apartments (5+ Units)
Price Per Sq Ft 8733333.33
Quadrant Se
Showing Instructions Appointment Agent, Call Agent Only, See Remarks
Special Conditions Investor Owned, No Disclosure, Recently Renovated
Status Active
Status Active
Stories 2 Stories
Subdivision Summerhill
Tax Year 2019
Taxes 7863
Type Multifamily
Unit Equipment1 Dishwasher, Disposal, Range/Oven, Refrigerator, Washer/Dryer
Unit Equipment2 Dishwasher, Disposal, Range/Oven, Refrigerator, Washer/Dryer
Unit Equipment3 Dishwasher, Disposal, Range/Oven, Refrigerator, Washer/Dryer
Unit Equipment4 Dishwasher, Disposal, Range/Oven, Refrigerator, Washer/Dryer
Unit Number (unit 1) 1
Unit Number (unit 2) 2
Unit Number (unit 3) 3
Unit Number (unit 4) 4
Unit Rent Includes1 Other (See Remarks)
Unit Rent Includes2 Other (See Remarks)
Year Built 2001

Interior Features

Baf (unit 1) 1
Baf (unit 2) 1
Baf (unit 3) 1
Baf (unit 4) 1
Br (unit 1) 1
Br (unit 2) 1
Br (unit 3) 1
Br (unit 4) 1
Laundry Mf Other (See Remarks)
Total Fin Area (unit 1) 650
Total Fin Area (unit 2) 650
Total Fin Area (unit 3) 650
Total Fin Area (unit 4) 650

Exterior Features

Acreage Source Public Record
Lot Dimensions x
Lot Size Area 0.147
Water/Sewer Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 30312

Price
AVG $1.32M
$1.31M
Taxes
AVG $6,690
$7,863
Visits
AVG 281
648
Year Built
AVG 1988
2001
Walkscore
AVG 74
56
Data Provided by Walkscore ® not using MLS data

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