1072 Monroe Ne Drive, Atlanta, GA 30306

$1,900,000
List Price
$1,900,000
MLS#
7189462
Status
ACTIVE
Type
Multifamily
Subtype
Triplex
Lot Size
0.17220000000000002
Subdivision
Virginia Highland

Property Description

INCREDIBLE OPPORTUNITY: Multi-Family home in the heart of Virginia Highlands. This has been a Loving Family home for over 50 years! Property is ONLY 1 block walk from the most beautiful park in Atlanta-Piedmont Park (Central Park of the South)! ONLY 1 block walk to the beltline, shops, restaurants, Midtown high school as well as David T. Howard School. Magnificent 4-side Brick Craftsman Bungalow, total of beds/baths count 6/5.5, boasts a main floor w/large 3/2.5 bath floor plan, separate living room, den & dining room. TRUE Master w/master bath & office. Many updates throughout the home, & meticulously maintained, roof (2 years old), HVAC main level (4 years old), 2 water heaters (2 years old). Also kept a lot of the original Old World Charm, w/Original hardwood floors on main, kitchen w/ granite countertops & wood cabinets, Breakfast bar for that 1st cup of Joe before your early exercise walk just a few houses away to Piedmont park off dead end street (Cresthill Ave). Also 2 original working fireplaces for those chilly Atl winters. High 10-foot ceilings on main! Then downstairs, 2-units which also have a separate doors inside if you wanted to open this massive house back up to a full single family home. There is a big updated 2/2 bath AirBnB, w/ external door for privacy. Then another 1/1 rental, which also has an exterior door as well. NEVER an issue getting these 2 units rented on a daily/monthly basis due to this extremely well centrally located address. You could also utilize these 2-apt's on the lower level for in-law suites for teenagers or for other family members to have their own space while visiting. Endless Opportunities for this amount of square footage and space. Move in ready, and walk right on over to the Beltline! Please do not hesitate, because this property will not last long on the market. Monroe Dr & Cresthill Ave

Additional Information

Stories
Two
Construction
Brick 4 Sides
Year Built
1920
Neighborhood Amenities
Lake, Near Beltline, Near Schools, Near Shopping, Park, Pool, Restaurant
Roof
Composition
Lot Dimensions
50x155x58x154
Parking
Carport, Driveway
Lot Desc
Corner Lot
Water
Public
Sewer
Public Sewer
Elementary School
Springdale Park
Middle School
David T Howard
High School
Midtown
Acres
0.17
Dock
None
Annual Expenses
1200
Levels
Two
Gross Income
2600
Net Operating Income
$44,000
Taxes
$15,751

Listing courtesy of Weichert, Realtors - The Collective.

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