550 Joseph E Lowery Boulevard NW

Atlanta, GA 30314

$935,000

THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts @ $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property’s overall market appeal. Property being Sold “AS IS”. THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!

    MLS Data

  • StatusActive
  • MLS #7538395
  • TypeResidential Income
  • SpecialInvestor Owned, Sold As/Is

    Exterior Details

  • ConstructionBrick 4 Sides
  • Built In1960
  • StoriesArray
  • ParkingParking Lot, Paved
  • UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • SewerPublic Sewer
  • Lot DescriptionLevel
  • Lot Dimensionsx
  • Acres0.396

Listing Provided Courtesy Of: Homesmart Realty Partners 404-419-1004

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Data Last updated on May 29, 2025 3:58pm

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