389 GLENN Street SW, Atlanta, GA 30312

$550,000
List Price
$550,000
Closing Date
Jul 31, 2024
MLS#
10335021
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Subtype
Multi Family, Quadruplex
Lot Size
0.185

Property Description

Welcome to 389 Glenn St SW, an exceptional income-producing quadruplex in the heart of Atlanta. This property boasts four spacious units, each featuring 2 bedrooms and 1 bathroom, offering an excellent investment opportunity. Currently tenant-occupied, ensuring immediate rental income. Situated near the beautiful Rosa L. Burney Park, residents can enjoy amenities like a recreation center, pool, playground, and basketball court. The property is conveniently close to MARTA, historic Castleberry Hill, Mercedes-Benz & State Farm Arenas, Centennial Olympic Park, and Georgia State University. Additionally, it's near prestigious HBCUs, including Clark Atlanta University, Spelman, and Morehouse College, and just a 15-minute drive to Atlanta Airport. Don't miss out on this fantastic opportunity to own a well-located, income-generating property in Atlanta's Mechanicsville neighborhood. Viewings are strictly by appointment, ideally in group settings. The property will be tenant-occupied at the time of sale, with three units occupied and one unit vacant upon closing. Please allow adequate time for scheduling to coordinate with existing tenants. Please do not disturb the tenants.

Additional Information

Stories
2 Stories
Year Built
1959
Parking
Parking Pad, Over 1 Space per Unit, Off Street
Sewer
Public Sewer
Elementary School
Dunbar
High School
MH Jackson Jr
Acres
0.19
Levels
Two

Listing courtesy of Keller Williams Atl. Midtown.

© 2024 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

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