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Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7418015
Sold Date 07/31/24
Construction Status Resale
HOA Y/N No
Originating Board First Multiple Listing Service
Year Built 1959
Annual Tax Amount $3,577
Tax Year 2023
Lot Size 8,058 Sqft
Acres 0.185
Property Description
Welcome to 389 Glenn St SW, an exceptional income-producing quadruplex in the heart of Atlanta. This property boasts four spacious units, each featuring 2 bedrooms and 1 bathroom, offering an excellent investment opportunity. Currently tenant-occupied, ensuring immediate rental income.
Situated near the beautiful Rosa L. Burney Park, residents can enjoy amenities like a recreation center, pool, playground, and basketball court. The property is conveniently close to MARTA, historic Castleberry Hill, Mercedes-Benz & State Farm Arenas, Centennial Olympic Park, and Georgia State University. Additionally, it's near prestigious HBCUs, including Clark Atlanta University, Spelman, and Morehouse College, and just a 15-minute drive to Atlanta Airport.
Don’t miss out on this fantastic opportunity to own a well-located, income-generating property in Atlanta’s Mechanicsville neighborhood.
Viewings are strictly by appointment, ideally in group settings. The property will be tenant-occupied at the time of sale, with three units occupied and one unit vacant upon closing. Please allow adequate time for scheduling to coordinate with existing tenants. Please do not disturb the tenants.
Location
State GA
County Fulton
Lake Name None
Interior
Heating Electric
Cooling Central Air, Electric
Window Features Insulated Windows,Wood Frames
Exterior
Garage Parking Lot, Paved, Varies by Unit, Driveway
Fence None
Community Features Public Transportation, Pool, Playground, Park, Sidewalks, Street Lights, Near Public Transport, Near Schools, Curbs
Utilities Available Electricity Available, Sewer Available, Water Available
Waterfront Description None
View Other
Roof Type Composition
Accessibility None
Handicap Access None
Total Parking Spaces 4
Private Pool false
Building
Lot Description Corner Lot, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick 4 Sides
New Construction No
Construction Status Resale
Schools
Elementary Schools Paul L. Dunbar
Middle Schools Herman J. Russell West End Academy
High Schools Maynard Jackson
Others
Senior Community no
Tax ID 14 008500131036
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with Keller Wms Re Atl Midtown
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