Atlanta, GA 30308,856 Monroe DR NE
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$ 945,000
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856 Monroe DR NE Atlanta, GA 30308

8,459 Sqft Lot


UPDATED:

10/11/2024 06:37 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Midtown

MLS Listing ID 7469200

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1920

Annual Tax Amount $12,539

Tax Year 2023

Lot Size 8,459 Sqft

Acres 0.1942

Property Description

This property is sold together with 852 Monroe Dr. fmls# 7469143.

Introducing 856 Monroe Dr., a prime investment opportunity in the heart of Atlanta! This fully-leased triplex offers 100% occupancy, providing stable, immediate cash flow. The property includes two spacious 2-bedroom, 1-bath including 1 spacious 2 story unit, and one charming 1-bedroom, 1-bath unit, each featuring stunning period details that attract tenants looking for both style and space.
With a parking lot for 6 cars, this property provides a rare convenience in such a desirable location. While the units are in great condition, there’s significant upside potential for luxury rentals with cosmetic upgrades. Located just steps from Piedmont Park, the Beltline, and Atlanta’s top shopping and dining options, 856 Monroe Dr. offers a fantastic opportunity for both current income and future growth!

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central

Cooling Central Air

Window Features None

Exterior

Garage Parking Lot

Fence None

Community Features Near Beltline, Near Public Transport, Near Schools, Near Shopping, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Waterfront Description None

View Trees/Woods

Roof Type Composition

Accessibility None

Handicap Access None

Total Parking Spaces 6

Private Pool false

Building

Lot Description Level

Story Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

New Construction No

Construction Status Resale

Schools

Elementary Schools Virginia-Highland

Middle Schools David T Howard

High Schools Midtown

Others

Senior Community no

Tax ID 14 004800030515

Special Listing Condition None


First Multiple Listing Service(FMLS)
Listed by HomeSmart

Norman Kennedy

+1(404) 783-1260

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856 Monroe DR NE