Atlanta, GA 30318,537 W Lake AVE NW
Atlanta, GA 30318,537 W Lake AVE NW
Atlanta, GA 30318,537 W Lake AVE NW
Atlanta, GA 30318,537 W Lake AVE NW
Atlanta, GA 30318,537 W Lake AVE NW
Atlanta, GA 30318,537 W Lake AVE NW
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$334,000

$349,000

4.3%
Est.Price: ?

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Est. payment /mo

0.29 Acres Lot


SOLD DATE : 05/09/2024

Key Details

Sold Price $334,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Grove Park

MLS Listing ID 7340611

Sold Date 05/09/24

Construction Status Resale

HOA Y/N No

Originating Board First Multiple Listing Service

Year Built 1935

Annual Tax Amount $3,050

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Property Description

Back on the market due to no fault of the seller. Don't miss out on the income potential of this property and seize the amazing value-add opportunity it presents. Whether you're looking for a savvy house hack or a lucrative cash flow investment, this is your chance to maximize returns. The main building consists of a 2 bedroom 1 bathroom unit on the top and bottom levels. The upstairs unit boasts a bonus room attached to the primary bedroom. The accessory dwelling unit (ADU) in the back of the property features 1 bedroom and 1 bathroom. Each unit is metered separately. The top unit is currently vacant and available for showings through appointment only. The downstairs unit and ADU will be available for showings during due diligence. Currently zoned R-5 allowing for additional structures to be built on the property. Property is being sold AS IS.

Location

State GA

County Fulton

Lake Name None

Interior

Heating Central, Electric, Hot Water, Natural Gas

Cooling Ceiling Fan(s)

Window Features Insulated Windows

Exterior

Garage Driveway, Level Driveway, Paved

Fence Back Yard

Community Features None

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Waterfront Description None

View Other

Roof Type Shingle

Accessibility Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances

Handicap Access Accessible Bedroom, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Kitchen Appliances

Private Pool false

Building

Lot Description Level

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type Block,Stucco,Vinyl Siding

New Construction No

Construction Status Resale

Schools

Elementary Schools Woodson Park Academy

Middle Schools John Lewis Invictus Academy/Harper-Archer

High Schools Frederick Douglass

Others

Senior Community no

Tax ID 14 014600020251

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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First Multiple Listing Service(FMLS)
Listed by Keller Williams Rlty Consultants
Bought with HomeSmart
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2911 Piedmont Rd NE, Atlanta, GA, 30305

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