862 Mitchell Street, Atlanta, GA 30314

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Sold Price
$479,000
List Price
$489,000
Closing Date
Jun 15, 2026
MLS#
7748283
Status
CLOSED
Type
Multifamily
Subtype
Other
Lot Size
0.092

Property Description

Investor-friendly, income-producing triplex in Atlanta generating approximately $4,500 per month in stable rental revenue, offering a strong opportunity for both seasoned investors and owner-occupants seeking to house hack; renovated just two years ago, this well-maintained multifamily property features three income-generating units with Unit A leased at $1,600/month through the Atlanta Housing Authority, Unit B leased at $1,600/month through the Atlanta Housing Authority, and Unit C producing $1,300/month total across two separate rooms rented at $650/month each; Unit C may be delivered vacant at closing, providing flexibility for owner-occupancy, tenant repositioning, or rental strategy optimization; ideal for buyers seeking immediate cash flow with future upside potential in a growing Atlanta market;

Additional Information

Stories
One
Construction
Brick
Year Built
1920
Neighborhood Amenities
Near Beltline, Near Public Transport, Near Schools, Near Shopping, Near Trails/Greenway, Park, Playground, Pool, Public Transportation, Street Lights, Tennis Court(s)
Roof
Composition
Parking
Paved
Water
Public
Sewer
Public Sewer
Elementary School
M. A. Jones
Middle School
Herman J. Russell West End Academy
High School
Frederick Douglass
Acres
0.09
Dock
None
Levels
One
Gross Income
54000
Taxes
$3,803
Special Circumstances
Investor Owned

Listing courtesy of Coldwell Banker Realty. Selling Office: EXP Realty, LLC..

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