1248 Barnes Street NW

PRICE REDUCTION. This is the perfect owner occupant sweat equity project or to buy and hold as investment as an easy, guaranteed rental for years to come! Located in the heart of Atlanta's rapidly evolving and dynamic West Midtown growth corridor, this property sits in the highly coveted Home Park neighborhood, offering a rare blend of urban convenience and stunning skyline views. 1248 Barnes has the historical character of a 1930's cottage on the inside and a lovely garden setting on the outside. Good bones, but the home does need work on both the structural and cosmetics side, maybe move some walls, open up the floor plan, evening out flooring, etc. The location is a walker's paradise, positioned just steps from dining and retail at Atlantic Station, Westside Park and the Atlantic Station Dog Park. Bordering the Georgia Institute of Technology, the area serves as a vibrant innovation hub, attracting a consistent flow of tech professionals, faculty, and students, making it one of the city's most strategic investment pockets. For builders, this property has flexible R3 zoning, so could be a canvas for high-end new construction, whether you envision a luxury single-family residence or a high-value duplex. Investors can capitalize on the massive rental demand driven by the nearby university and major corporate employers, while owner-occupants have the chance to transform the existing structure into a custom dream home. Or simply do basic upgrades needed with some structural and floor work. This property offers unmatched potential in one of Atlanta's high demand neighborhoods. If you choose to work with the original design of the home and only want to do cosmetic upgrades, the roof and HVAC are 7 years old, water heater is 2 years old. Note, 2nd bathroom does not have sink and 3rd bedroom is used as a bedroom but does not have closet, so make the easy upgrade to a 3/2 or 2/2 plus small office. Come see this opportunity for yourself!