REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Aug

Fri

Aug

Sat

Aug

Cynthia Walker

cynthia.walker@evatlanta.com +1(404) 840-3186

$ 1,050,000

Est. payment -/mo

Save

Active

758 Saint Charles AVE NE Atlanta, GA 30306

9,496 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Virginia Highland

MLS Listing ID 10542152

HOA Y/N No

Year Built 1953

Annual Tax Amount $9,215

Tax Year 2024

Lot Size 9,496 Sqft

Acres 0.218

Lot Dimensions 9496.08

Property Sub-Type Multi Family

Source Georgia MLS 2

Property Description

Well maintained investment property in Virginia Highland! Prime location near Beltline and Ponce City Market. 1 story, 4-sided brick building with six, 1 BR/1BA, 440 SF units. 4 units are currently rented and 2 units have new tenants moving in at higher rent prices. Updated gross monthly income starting 8/1 is $7140/month ($85,680/yr). Projected gross monthly income when 3 current lease terms have been renewed at current market rate is $7465 ($89,580/yr) Reliable tenants, no late payers. Every unit has its own washer/dryer and is heated and cooled by an electric, hotel style wall unit. Each apartment is metered separately for gas and power and accounts are in tenants' names and paid by tenants. One water meter for the building and tenants pay a flat monthly water fee on top of rent (included in gross income calculation and future projections). Seller recently replaced water line and sewer main and repaired concrete walkways. Showings of occupied units will only be scheduled during due diligence after an offer is accepted. There is one vacant unit that can be shown by appointment before 7/25 and another unit that can be shown before 8/1. Please do not disturb tenants.

Location

State GA

County Fulton

Rooms

Basement None

Interior

Heating Electric

Cooling Electric, Other

Fireplace No

Laundry In Unit

Exterior

Parking Features None

Garage Spaces 1.0

Community Features Sidewalks, Near Public Transport, Near Shopping

Utilities Available Electricity Individual Meters, Gas Individual Meters, Sewer Connected

View Y/N No

Total Parking Spaces 1

Garage No

Private Pool No

Building

Faces Ponce de Leon to Ponce Place, Right on St Charles, building is on the left.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Schools

Elementary Schools Springdale Park

Middle Schools David T Howard

High Schools Midtown

Others

HOA Fee Include None

Tax ID 14 001700080251

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

Cynthia Walker

Real Estate Advisor

+1(404) 840-3186

Cynthia Walker

758 Saint Charles AVE NE Atlanta, GA 30306

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Schedule a Tour of The Home

758 Saint Charles AVE NE