$1,195,850
For Sale

564 John Wesley Dobbs Avenue NE

Atlanta, GA 30312
Browse 55 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

This legal triplex of mammoth size offers a fantastic investment opportunity in the heart of the Old Fourth Ward. Each of the three units is individually metered for utilities, providing an efficient management setup. The property features private front and back entrances for each apartment, enhancing privacy and convenience for tenants. Located near popular Atlanta destinations like the Beltline, Freedom Parkway, Krog Street Market, and Edgewood Avenue, this property is ideal for residents seeking a vibrant, walkable neighborhood. The property combines old-world charm with modern amenities. It was originally built in 1920, and while it retains many of its historic featuresCosuch as exposed brick, heavy millwork, and hardwood floorsCoit has been upgraded with high-end finishes throughout. The kitchens are outfitted with granite countertops and stainless-steel appliances, while select rooms feature new hardwood floors. The homeCOs soaring 12-foot ceilings create a spacious, airy feel on both levels. The entire exterior was freshly painted in 2020, adding to its curb appeal, while the back deck was completely reconstructed in 2022 with heavy-duty 2x6 decking construction. The property includes parking for five vehicles in the back, with additional street parking available for guests. The landscaping is easy to maintain, requiring minimal upkeep, with only the front yard needing attention. See the document section for the financial statement and additional property information.

  • Property Details
      • Utility FeaturesElectricity Individual Meters, Sewer Connected, Water Individual Meters
      • SubdivisionOld Fourth Ward
      • Middle SchoolDavid T Howard
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Elementary SchoolHope Hill
      • MLS #10398042
      • MLS #10398042
      • Taxes Annual$21,854
      • Cost1195850
      • Property SubtypeTriplex
      • Structure TypeTriplex
      • Utility SourcePublic
      • CountyFulton
      • Acres0.141
      • FoundationBlock
      • High SchoolGrady
      • Year Built1920
      • Fireplaces5
      • Parking Spaces5

Location

Justin GrinnellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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