389 Glenn Sw Street, Atlanta, GA 30312

$550,000
List Price
$550,000
MLS#
7418015
Status
ACTIVE
Type
Multifamily
Subtype
Quadruplex
Lot Size
0.185
Subdivision
N/A

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.

Additional Information

Stories
Two
Construction
Brick 4 Sides
Year Built
1959
Neighborhood Amenities
Public Transportation, Pool, Playground, Park, Sidewalks, Street Lights, Near Public Transport, Near Schools, Curbs
Roof
Composition
Lot Dimensions
70x124x68x112
Parking
Parking Lot, Paved, Varies by Unit, Driveway
Lot Desc
Corner Lot, Level
Water
Public
Sewer
Public Sewer
Elementary School
Paul L. Dunbar
Middle School
Herman J. Russell West End Academy
High School
Maynard Jackson
Acres
0.19
Annual Expenses
3120
Levels
Two
Taxes
$3,577

Listing courtesy of Keller Wms Re Atl Midtown.

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