For more information regarding the value of a property, please contact us for a free consultation.
537 W Lake AVE NW Atlanta, GA 30318
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $334,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Subdivision Grove Park
MLS Listing ID 7340611
Sold Date 05/09/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1935
Annual Tax Amount $3,050
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
Back on the market due to no fault of the seller. Don't miss out on the income potential of this property and seize the amazing value-add opportunity it presents. Whether you're looking for a savvy house hack or a lucrative cash flow investment, this is your chance to maximize returns. The main building consists of a 2 bedroom 1 bathroom unit on the top and bottom levels. The upstairs unit boasts a bonus room attached to the primary bedroom. The accessory dwelling unit (ADU) in the back of the property features 1 bedroom and 1 bathroom. Each unit is metered separately. The top unit is currently vacant and available for showings through appointment only. The downstairs unit and ADU will be available for showings during due diligence. Currently zoned R-5 allowing for additional structures to be built on the property. Property is being sold AS IS.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Central, Electric, Hot Water, Natural Gas
Cooling Ceiling Fan(s)
Window Features Insulated Windows
Exterior
Garage Driveway, Level Driveway, Paved
Fence Back Yard
Community Features None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Waterfront Description None
View Other
Roof Type Shingle
Accessibility Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances
Handicap Access Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances
Private Pool false
Building
Lot Description Level
Story Two
Sewer Septic Tank
Water Public
Level or Stories Two
Structure Type Block,Stucco,Vinyl Siding
New Construction No
Construction Status Resale
Schools
Elementary Schools Woodson Park Academy
Middle Schools John Lewis Invictus Academy/Harper-Archer
High Schools Frederick Douglass
Others
Senior Community no
Tax ID 14 014600020251
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
Bought with HomeSmart
GET MORE INFORMATION