550 Joseph E Lowery Boulevard NW Atlanta, GA $ 875,000
550 Joseph E Lowery Boulevard NW
$ 875,000
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550 Joseph E Lowery Boulevard NW

Atlanta, GA, 30314
$ 875,000
Baths0.0

Monthly Estimate*

$ 5,459

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Studio

Multi-Family Home for sale in Atlanta, GA

for $875,000. This home was built in 1960 on a lot size of 0.396.

THIS IS NOT A CAP RATE DEAL. NO OWNER FINANCING. 7-UNIT APARTMENT BUILDING IN GREAT LOCATION! 1.5 miles from Georgia Tech. 1.8 miles from downtown Atlanta. 1.5 miles from West Midtown. 1.6 miles from Mercedes Benz Stadium, 1.7 miles to Georgia Aquarium. Six (6) of the seven (7) units are currently under lease contracts at $825/mo. The 7th unit is available for viewing. Each unit - 2bd, 1 bath. Central Air & Heat. Totally electric. This Apartment Building sits in the English Avenue area, .05 miles from Vine City Community. There are several up and coming work and entertainment projects being developed in the general area. Renovations and updates will be needed to enhance the property overall market appeal. Property being Sold "AS/IS". THIS OPPORTUNITY DOES NOT REPRESENT A ROBUST CAP RATE DEAL IN ITS CURRENT CONDITION!

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,971

Style

Multi Family

Lot Size

0.396

Year Built

1960

Town/City

Atlanta

County/Region

Fulton

MLS | Web ID

10555279

Features
General
Sewer Public Sewer
Heating Electric Forced Air
Cooling Central Air Electric
Utilities Electricity Individual Meters
HOA Fee 0
Association Fee Includes None
Construction Materials Block Brick
Year Built 1960
Levels Two
Property Subtype Multi Family
Tax Year 2024
Gross Income 0
Community Features None
County Fulton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
MaintenanceExpense 0
Subdivision Name Subdivision/Er Elliott Prop
Garage Y/N N
Status Active
Directions Please Use GPS
High School Washington
City Atlanta
Body of Water None
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Square Feet
Lot Size Square Feet 17249.76
Carport Y/N N
Elementary School Jones
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5971
Electric Expense 0
Home Warranty Y/N N
Fuel Expense 0
Middle/Junior High School Other
Property Condition Resale
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Basement None
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Off Street Side/Rear Entrance
Water Source Public
Total Parking 7
Lot Size Area 17249.76
Foundation Details Block Slab
Spa N
Lot Size Acres 0.396
Lot Size Source Public Records
Waterfront Y/N N
Horse Y/N N
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* Excluded Features
List By
Homesmart Realty Partners

Broker

lonleslie@gmail.com

Email

Affordability Calculator

$5,956
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$498
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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! What's my home worth?
Nearby
4133514 Elementary School
4136659 Middle School
Washington High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2025$875,000 Listed Price

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550 Joseph E Lowery Boulevard NW, Atlanta, GA, 30314 is a Multi-Family Home for sale at $875,000 with a lot size of 0.396. 550 Joseph E Lowery Boulevard NW is a studio with 0.0 baths and was built in 1960. The property's zip code is 30314 which is in Atlanta, GA