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    $1,100,000

  • Contingent-Due Diligence | MLS#: 6068398

720 Penn Avenue NE Atlanta, GA 30308

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Listing provided courtesy of: Berkshire Hathaway HomeServices Georgia Properties

Overview

Fantastic 7 unit opportunity in the heart of Midtown! This great incoming producing property offers 7 units consisting of 1 bedrm and 1 bedroom studio apartments. Spacious building filled with charm and tons of original details. Alley access offers ample parking, skyline views and seconds from Piedmont Park. Walk to everything Midtown has to offer. Amazing upside potential so don't miss this great opportunity in one of the most sought after neighborhoods. 100% occupied. 5.3% Cap Rate!

General Features

  • Construction Desc Brick 4 Sides
  • County Fulton
  • Special Circumstances Investor Owned
  • Taxes 9509
  • Subdivision Midtown
  • Building Type Other
  • Year Built 1920

Building Features

  • Heat Type Electric, Forced Air
  • Roof Type Composition

Property Features

  • Lot Desc City View, Level Driveway
  • Miscellaneous Cable Tv
  • Parking Desc Parking Lot
  • Water Source Public Water

Schools

  • Elementary School Springdale Park
  • High School Grady
  • Middle School Inman

Listing agent photo

Kenisha Robnett

602-881-8283RE/MAX Platinum Access-Commercial Division

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Location

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Listing agent photo

Kenisha Robnett

602-881-8283RE/MAX Platinum Access-Commercial Division

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Community Demographics for Zip Code 30308 (Atlanta)

Housing Occupancy
  • Home Owners: 3,725 (25%)
  • Renters: 8,072 (54%)
  • Vacant: 3,288 (22%)
  • Total Housing Units: 15,085
Households
  • Average Household Size: 1.51
  • Housing Density (People per square mile): 12,435
Age Range (number of people)
  • Age 0-14: 2,527
  • Age 15-24: 1,029
  • Age 25-39: 2,851
  • Age 40-59: 8,287
  • Age 60-79: 4,063
  • Age 80+: 1,015
  • Total: 19,772

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 30308 (Atlanta)

Public Schools in Zip Code 30308 (Atlanta)

* This list of schools may not match the property above.

C. W. HILL ELEMENTARY SCHOOL 386 PINE ST NE ATLANTA, GA 30308 Phone: 4048027150 PreK-5th
Grade Size Distribution
  • PreK: 9
  • Knd: 68
  • 1st: 47
  • 2nd: 50
  • 3rd: 46
  • 4th: 48
  • 5th: 43
School Population
  • Teachers: 26
  • Students per Teacher: 12.0
  • Students: 311
  • Male/Female: 149/160
School District
  • ATLANTA PUBLIC SCHOOLS
  • 130 TRINITY AVE S.W. ATLANTA, GA 30303
  • Phone: 4048023500
District Population
  • Schools: 114
  • Full-Time Teachers: 3764
  • Students per Teacher: 13
  • Staff: 6968
  • Students: 49032
EAST LAKE ELEMENTARY SCHOOL 145 4TH ST NE ATLANTA, GA 30308 Phone: 4048027900 PreK-5th
Grade Size Distribution
  • PreK: 20
  • Knd: 34
  • 1st: 35
  • 2nd: 25
  • 3rd: 39
  • 4th: 37
  • 5th: 45
School Population
  • Teachers: 19
  • Students per Teacher: 12.4
  • Students: 235
  • Male/Female: 116/118
School District
  • ATLANTA PUBLIC SCHOOLS
  • 130 TRINITY AVE S.W. ATLANTA, GA 30303
  • Phone: 4048023500
District Population
  • Schools: 114
  • Full-Time Teachers: 3764
  • Students per Teacher: 13
  • Staff: 6968
  • Students: 49032

* School data provided by US Department of Education


Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. © 2018 First Multiple Listing Service, Inc. Last updated: 11/17/2018 12:52 PM PST

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional