Georgia
Atlanta
550 Joseph E Lowery Boulevard NW

$875,000

550 Joseph E Lowery Boulevard NW, Atlanta, GA 30314

Multi-Family Home
Built in 1960
0.4acre lot
—— car garage
$——/sqft
Listed 3 months ago

Property Description

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!

Listing Status:: Active
Date Added:: March 10, 2025 at 05:00AM
Listing Office:: Homesmart Realty Partners : 404-419-1004
Listing Agent:: Lonnie Leslie : 770-883-2708
MLS ID:: 10476685

Basement: None
A/C: Central AirElectric
Heating: ElectricForced Air
Fireplace: Fireplaces: 0

This listing courtesy of Lonnie Leslie, Homesmart Realty Partners

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Kipp West Atlanta Young Scholars Academy

350 Temple St NW, Atlanta, GA, 30314

Grades 5-8

0.46 miles away

Kipp West Atlanta Young Scholars Academy

350 Temple St NW, Atlanta, GA, 30314

Grades 5-8

0.46 miles away

Booker T. Washington High School

45 Whitehouse Dr SW, Atlanta, GA, 30314

Grades 9-12

1.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.