969 Palmetto AVE SW, Atlanta, GA 30314
969 Palmetto AVE SW, Atlanta, GA 30314
969 Palmetto AVE SW, Atlanta, GA 30314
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$599,990
Est. payment /mo
5,009 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Ashview Heights

MLS Listing ID 10688959

HOA Y/N No

Year Built 2003

Annual Tax Amount $8,203

Tax Year 2025

Lot Size 5,009 Sqft

Acres 0.115

Lot Dimensions 5009.4

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Exceptional investment opportunity in Atlanta's desirable West End, just minutes from the Atlanta University Center (AUC). This 15-unit rooming house is currently operated as a PadSplit-style shared housing property, generating approximately $10K in gross monthly income. Designed for consistent demand, the property benefits from its proximity to major employers, public transportation, downtown Atlanta, and multiple colleges and universities. The existing rooming house layout allows for efficient operations and strong cash flow, making it ideal for investors seeking immediate income with upside potential. Whether you're expanding a PadSplit portfolio or looking for a high-yield asset in a rapidly appreciating area, this property delivers location, scale, and proven performance. ALL TENANTS ARE ON WEEKLY LEASES so new owner has no contractual obligations to keep current tenants. **CASH OR HARD MONEY ONLY*

Location

State GA

County Fulton

Rooms

Bedroom Description No

Basement None

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Side/Rear Entrance

Community Features None

Utilities Available Other

View Y/N No

Garage No

Private Pool No

Building

Faces USE GPS

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

Elementary Schools Jones

Middle Schools Brown

High Schools Booker T Washington

Others

HOA Fee Include None

Tax ID 14 011600050098

Special Listing Condition Resale


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969 Palmetto AVE SW

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Elizabeth Harvill
Elizabeth Harvill

Agent | License ID: 421606

+1(912) 245-1186 | elizabeth.harvill@exprealty.com

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