314 Fifth Street Atlanta, GA $ 2,150,000
314 Fifth Street
$ 2,150,000
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314 Fifth Street

Atlanta, GA, 30308
$ 2,150,000
Bedrooms8 Baths8.0

Monthly Estimate*

$ 15,018

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View a Virtual Tour

Multi-Family Home for sale in Atlanta, GA

for $2,150,000 with 8 bedrooms and 8 full baths. This home was built in 1979.

Amazing Investor Opportunity, in the heart of the Midtown Garden District. This is an 8-unit Multi-Family Apartment building with upscale interior and exterior renovation and 100% leased apartment complex situated on Fifth St in midtown. The building features six 1/1's (3 of which have a bright sunroom), one 2/1 with a sunroom, and one studio unit. All units features new kitchens with SS appliances and granite countertops and each unit has its own stackable Washer/Dryers in the kitchen, renovated Bathrooms, new paint and flooring. Building has padded lock entry, front enclosed area with outdoor spaces, back units have private decks/patios. Building has three off-street concrete pad dedicated parking spaces. All units separately metered for Gas and Power. Google Fiber available. Great short term rental opportunities, corporate housing, or Airbnb potential. Minutes to Piedmont Park, Midtown, Downtown, and Atlanta Beltline.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 23,994

Style

Year Built

1979

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

7323739

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Shingle
Security Features None
Construction Materials Brick 4 Sides Shingle Siding
Year Built 1979
View City
Levels Two
Property SubType Other
Tax Year 2023
Gross Income 171040
Waterfront Features N
Community Features Near Beltline Near Public Transport Near Schools Park
Accessibility None
County Fulton - GA
Net Operating Income 131678
Operating Expense 39362
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name NA
Green Energy Generation None
Status Active
Directions Use Google Maps
High School Midtown
City Atlanta
Body of Water None
Total Units 8
Street Name Fifth
Elementary School Springdale Park
Property Attached Y/N No
Tax Annual Amount 23994
Home Warranty Y/N No
Middle/Junior High School David T Howard
Property Condition Updated/Remodeled
Virtual Tour https://www.youtube.com/watch?v=X_-E1c5W_qo
Days on Market 64
Standard Status Active
Occupancy Description Tenant
Tax Lot 7
Cap Rate 5.72
Legal Description NA
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Interior
Flooring Hardwood Vinyl
Furnished Y/N Unfurnished
Window Features None
Street Suffix Street
Total Baths 0
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Exterior
Fencing Fenced Front Yard
Parking Features Varies by Unit
Lot Features Corner Lot
Water Source Public
Total Parking 3
Lot Dimensions x
Lot Size Acres 0
Lot Size Source Not Available
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Renu Lal

Listing Agent

Oak Grove Advisors Inc

Broker

renublal@gmail.com

Email

Affordability Calculator

$17,018
Per Month
88%
12%
0%
Monthly Principal & Interest
$15,018
Monthly Property Taxes
$2,000
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3416102 Elementary School
3416107 Middle School
Midtown High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2024$2,150,000 -2.27% Price Down
2/28/2024$2,200,000 -2.22% Price Down
2/25/2024$2,250,000 -2.17% Price Down
2/13/2024$2,300,000 Listed Price

Map


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314 Fifth Street, Atlanta, GA, 30308 is a Multi-Family Home for sale at $2,150,000. 314 Fifth Street has 8 bedrooms, 8.0 baths, and was built in 1979. The property's zip code is 30308 which is in Atlanta, GA