134 Peachtree Hills Avenue NE
Atlanta, GA, 30305 $ 825,000
Bedrooms4 Baths4.0 Monthly Estimate*
$ 5,763
for $825,000 with 4 bedrooms and 4 full baths. This home was built in 1920 on a lot size of 0.1654.
Fantastic investor opportunity awaits with this rare, fully furnished, multifamily gem nestled in the highly sought-after Peachtree Hills neighborhood! This triplex, coupled with a bonus studio apartment situated above the garage, presents an ideal chance to generate passive income while accruing equity in the coveted Buckhead locale. Tailored for investor buyers seeking to capitalize on lucrative rental prospects, this property offers three side-by-side units in the main house, each boasting one bedroom, one full bath, and fully equipped kitchens. Unit 1 has its own washer/dryer while Units 2-4 share the washer/dryer located in the garage outbuilding. Unit 4, a carriage house studio unit equipped with its own kitchen, full bath, and laundry facilities below, adds to the income potential, commanding a total long term rental income of $6,000/month across all 4 units. Property has had incredible success as a furnished short or mid-term rental for travel nurses at Piedmont and Emory, students at area universities, or temporary employee housing, with potential of $8,000+ per month. This property's 1,623 total square feet includes 3 units in the main building (Unit 1 is 650 SF, Unit 2 is 364 SF, Unit 3 is 321 SF, and Unit 4 / Carriage House is 288 SF. Beyond its rental appeal, this property features a spacious backyard with ample room for parking, enhancing its attractiveness to both tenants and investors. Positioned in close proximity to an array of amenities such as restaurants, shopping centers, schools, interstates, the future Peachtree Hills Beltline entrance, parks, and more. Whether you're a seasoned developer or a savvy investor looking to expand your portfolio, this property offers limitless potential. From unit consolidation and remodeling to new construction, the possibilities abound. Don't miss out on this prime investment opportunity in one of Atlanta's most desirable neighborhoods.
See more
FeaturesGeneralSewer Public Sewer
Heating Central Other
Cooling Central Air Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Underground Utilities Water Available
Possession Close Of Escrow
Roof Composition
Security Features None
Construction Materials Cedar
Year Built 1920
View City
Levels One
Property SubType Triplex
Tax Year 2023
Waterfront Features N
Community Features None
Accessibility None
County Fulton - GA
Property Type Residential Income
HOA / Comm Assn No
Energy Efficient None
Subdivision Name Peachtree Hill
Green Energy Generation None
Status Active
Directions Peachtree Road to Peachtree Hills Avenue. Home is on left side of street.
High School North Atlanta
City Atlanta
Body of Water None
Total Units 4
Street Name Peachtree Hills
Elementary School E. Rivers
Property Attached Y/N No
Tax Annual Amount 8310
Home Warranty Y/N No
Middle/Junior High School Willis A. Sutton
Property Condition Resale
Days on Market 32
Standard Status Active
Occupancy Description Vacant
Tax Lot 27
Legal Description Plat Book 6 Page 61
See more
ExteriorFencing Back Yard
Parking Features Driveway Varies by Unit
Lot Features Other
Water Source Public
Total Parking 4
Lot Dimensions x
Lot Size Acres 0.1654
Lot Size Source Public Records
Open Parking Y/N Yes
See more
InteriorWindow Features None
Street Suffix Avenue
Total Baths 0
See more
* Excluded FeaturesList ByCarson CowanListing Agent
Atlanta Fine Homes Sotheby's InternationalBroker
carsoncowan@atlantafinehomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,763
- Monthly Property Taxes
- $693
- 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.
Learn more about how to save NearbyMulti-family listings in Atlanta, GA
Average List Price $696,456
Percent of Sale Price 16%
About Atlanta, GA 478,204 Population
15% Since 2002
$ 55,840 Median Income
35.72 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
3420401 Elementary School
3420528 Middle School
North Atlanta High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/15/2024 | $825,000 | | Listed Price |