Active

1836 Dekalb Avenue NE

Atlanta GA, 30307

$1,989,000


Active

Multi-family

Built in 1955

This rare opportunity to own a one-of-a-kind, 6-unit gem in Atlanta's coveted Candler Park/Lake Claire. Nestled across from Pullman Yards, it boasts walkability, proximity to MARTA, and easy access to attractions - a tenant magnet. Six fully equipped units offer proven tenant demand and rental income flexibility, as they can be positioned for long, short, and mid-term rental options. The property comprises four units in the main structure; the garage building houses two units - a converted garage apartment and a luxurious carriage house with a loft. Upgraded systems minimize upkeep and maximize profitability while providing a quality experience for your tenants. The versatile layout caters to a broad range of renters: Two spacious 1-bedroom units. Two well-laid-out studio units. One industrial-chic garage conversion. A luxurious one-bedroom + bonus bedroom loft in the carriage house. Six off-street parking spaces are conveniently located in the back of the property. Personally owned long-term by an award-winning Atlanta builder, this property has been meticulously renovated, maintained, and cared for. Sustainable practices shine through with repurposed materials crafted into bespoke fixtures and furnishings. Durable finishes - hardwood floors, granite, concrete, and natural wood - grace the units. Beyond the prime location, tenants and guests enjoy ample storage, in-unit laundry, and quality appliances. Energy-saving electric mini-split HVAC systems and tankless water heaters provide reliable, low-cost run utilities. This Atlanta multi-family property is an established, furnished, and stocked rental business that is ready for immediate income generation. Proximity to MARTA and significant travel corridors provides seamless access to Emory and Decatur, Downtown, the Beltline, and Ponce City Market. Walkable parks, restaurants, and entertainment options create a vibrant lifestyle for your tenants. This exceptional property unlocks prime access to Atlanta's in-town living, perfect for business travelers and explorers. A proven favorite with renters, it presents a remarkable opportunity to capitalize on Atlanta's thriving market. Additional details for investors: Six units, zoned C2, cash or commercial residential financing. Limited access due to high occupancy. Showings for pre-qualified buyers on open units when available with full access coordinated during due diligence. Earnings reports are available upon request. Most units are booked with month-to-month, mid-, and short-term renters through June.

10293111

MLS ID

May 1, 2024

Listed

May 17, 2024

Updated

Map

1836 Dekalb Avenue NE
Atlanta GA, 30307

Interior Features

Total Stories

1


Fireplace

Yes


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Air, Electric


Heating

Yes


Heating Description

Central, Electric, Natural Gas

Exterior/Building Features

Lot Size

0.2 Acres


Sewer

Public Sewer

School Information

High School

Grady


Elementary School

Lin

Other Property Details

Taxes

$2,725


Tax Frequency

Annually


Days on Market

14


Garage

No


Parking

Assigned, Carport, Off Street, Parking Pad


Parking Total

6


View

No


County

DeKalb


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Angela Mcgrath with Wynd Realty Georgia

Based on information from Georgia MLS as of 5/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 Georgia MLS. All rights reserved. 

Data last updated 11:08 PM UTC, 5/17/2024

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